IPO - Vertical Data Inc.

Form Type: S-1/A

Filing Date: 2025-05-22

Corporate Action: Ipo

Type: New

Accession Number: 000164117225012114

Filing Summary: Vertical Data Inc., incorporated in Nevada on May 3, 2024, is filing this S-1/A registration statement for an initial public offering (IPO) of 41,193,052 shares of its common stock at an assumed price of $0.50 per share. The offering includes resale by certain stockholders. The company aims to establish a public market for its stock on OTCQX or OTCQB, under the symbol 'VERT'. As a smaller reporting company and an emerging growth company, Vertical Data intends to leverage simpler reporting requirements and is committed to providing high-performance computing solutions, focusing on the IT product market and service customization. The prospectus details corporate history, market opportunity, and risk factors associated with this offering, including significant dependence on end-market demand for IT products and high customer concentration, with most revenue coming from a small number of clients. The initial public offering is contingent upon SEC approval of the registration statement, and the company will incur costs for the registration while not receiving proceeds from stockholder sales. The document outlines the business model, including plans for developing in-house OEM products and expanding service offerings related to AI and data center infrastructure.

Form Type: S-1/A

Filing Date: 2025-05-02

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225008151

Filing Summary: Vertical Data Inc. filed an amendment to its Form S-1 registration statement on May 1, 2025, in connection with its initial public offering (IPO). The document outlines the offering of up to 41,193,052 shares of common stock at an assumed price of $0.50 per share, pending the establishment of a public market for the shares. The offering is aimed at both the initial sale and resale by certain stockholders. The filing also emphasizes that Vertical Data is a smaller reporting company and an emerging growth company under relevant securities laws. The company's business model focuses on providing infrastructure hardware and services for data centers, particularly for high-performance computing and AI workloads. It faces risks associated with market demands, customer dependencies, and the highly competitive nature of the IT product landscape. The filing includes various disclaimers regarding the effectiveness of the registration statement, stating that securities cannot be sold until this is achieved. Additionally, the document highlights the challenging market conditions and the uncertainties inherent in forward-looking statements regarding business performance and strategies.

Form Type: S-1/A

Filing Date: 2025-03-20

Corporate Action: Ipo

Type: New

Accession Number: 000149315225011044

Filing Summary: Vertical Data Inc. is filing an Amendment No. 1 to its Form S-1 Registration Statement for an initial public offering. The company, incorporated in Nevada on May 3, 2024, aims to raise capital by offering up to 41,193,052 shares of its common stock at an anticipated initial public offering price of $0.50 per share. The company operates in the field of high-performance computing, targeting enterprise and data center clients, and plans to list its shares on the OTCQX or OTCQB markets under the symbol 'VERT'. Vertical Data emphasizes its development stage as a smaller reporting company and emerging growth company under relevant laws, and it anticipates that its business will thrive based on trends in AI computing and data center demand. The company has reported revenue and net losses for its fiscal periods prior to this registration, and plans to service its operations without reliance on a public market prior to the IPO. It articulates forward-looking statements regarding financial performance, market conditions, and operational strategies, underscoring the associated risks as it seeks to establish itself in the technology marketplace.

Form Type: S-1

Filing Date: 2025-01-10

Corporate Action: Ipo

Type: New

Accession Number: 000149315225001537

Filing Summary: Vertical Data Inc., a Nevada corporation, filed a registration statement for an initial public offering (IPO) of 40,703,052 shares of its common stock at an assumed price of $0.50 per share. The offering includes the sale of shares by certain stockholders, and the company will not receive proceeds from these sales. To establish a public market for its shares, Vertical Data intends to apply for listing on the OTCQX® Best Market or the OTCQB® Venture Market under the symbol 'VERT'. As of January 10, 2025, there is no established public market for the company's common stock. Vertical Data, established on May 3, 2024, is focused on providing infrastructure hardware and services for data centers, particularly in the high-performance computing sector. It operates in a high-volume market characterized by price sensitivity and declining unit prices. The company is recognized as an emerging growth company and a smaller reporting company, allowing it to benefit from reduced public company reporting requirements. Risks involved in investment include market demand for IT products, which can be unstable, as elucidated in their risk factors section.