Fathom Holdings Inc. announced a proposed public offering of common stock, pending market conditions, to fund corporate purposes.
Quiver AI Summary
Fathom Holdings Inc. has announced a proposed public offering of its common stock, which will be underwritten, with plans to allow underwriters a 45-day option to buy an additional 15% of the offered shares. The company aims to utilize the net proceeds for general corporate purposes, although the final size and terms of the offering are uncertain and subject to market conditions. Roth Capital Partners is managing the offering, which has been registered with the SEC. The press release includes cautionary statements regarding forward-looking risks that could affect the company's performance. Further information about the offering and company can be found on their website and the SEC's site.
Potential Positives
- Proposed offering of common stock could provide the company with necessary capital for general corporate purposes, potentially supporting future growth and operations.
- The option for underwriters to purchase an additional 15% of shares may indicate strong demand or confidence in the offering.
- The effective shelf registration statement with the SEC facilitates timely capital raising efforts in the future.
Potential Negatives
- The proposed primary offering of common stock may dilute existing shareholders' equity, potentially impacting their ownership value.
- The uncertainty surrounding the completion and terms of the offering suggests potential instability or issues within the company’s financial conditions.
- The cautionary note regarding future risks, including the ability to generate cash flow and ongoing litigation, highlights significant concerns about the company's operational viability and future growth.
FAQ
What is the purpose of Fathom Holdings' upcoming stock offering?
The offering aims to raise funds for general corporate purposes.
Who is managing Fathom Holdings' public offering?
Roth Capital Partners is acting as the sole manager for the offering.
What additional option do underwriters have in this offering?
Underwriters have a 45-day option to purchase an additional 15% of the shares offered.
Where can I find the prospectus for this stock offering?
The prospectus will be filed with the SEC and can be obtained through Roth Capital Partners.
What risks are associated with Fathom Holdings' forward-looking statements?
The risks include economic conditions, operational cash flow, litigation, and growth challenges.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FTHM Insider Trading Activity
$FTHM insiders have traded $FTHM stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $FTHM stock by insiders over the last 6 months:
- JOSHUA HARLEY has made 0 purchases and 7 sales selling 293,495 shares for an estimated $514,649.
- SAMANTHA GIUGGIO (Chief Broker Officer) sold 2,146 shares for an estimated $2,964
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$FTHM Hedge Fund Activity
We have seen 10 institutional investors add shares of $FTHM stock to their portfolio, and 22 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CANNELL CAPITAL LLC removed 716,594 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $632,035
- SOVEREIGN'S CAPITAL MANAGEMENT, LLC removed 185,444 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $163,561
- BEACON POINTE ADVISORS, LLC removed 72,900 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $90,396
- SQUAREPOINT OPS LLC removed 67,812 shares (-72.7%) from their portfolio in Q2 2025, for an estimated $84,086
- CITADEL ADVISORS LLC removed 63,875 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $79,205
- MILLENNIUM MANAGEMENT LLC removed 33,911 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $29,909
- BLACKROCK, INC. removed 33,630 shares (-39.2%) from their portfolio in Q2 2025, for an estimated $41,701
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CARY, N.C., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven real estate services platform, today announced a proposed primary offering of its common stock in an underwritten public offering. The Company also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. The Company intends to use the net proceeds from the offering for general corporate purposes.
Roth Capital Partners is acting as sole manager for the offering.
A shelf registration statement relating to the shares of common stock proposed to be issued in the offering was filed with the Securities and Exchange Commission (the "SEC") and is effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Copies of the prospectus in connection with this offering will be filed with the SEC and, when available, may be obtained from Roth Capital Partners, LLC, 888 San Clemente, Suite 400, Newport Beach, CA 92660, Attention: Prospectus Department, by telephone at (800) 678-9147 or by accessing the SEC's website, www.sec.gov.
About Fathom Holdings Inc.
Fathom Holdings Inc. is a national, technology-driven real estate services platform integrating residential brokerage, mortgage, title, and SaaS offerings to brokerages and agents by leveraging its proprietary cloud-based software, intelliAgent. The Company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone. For more information, visit www.FathomInc.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including risks associated with general economic conditions, including rising interest rates; the Company’s ability to generate positive operational cash flow; risks associated with the Company's ability to continue achieving significant growth; the Company’s ability to continue its growth trajectory while achieving profitability over time; risks related to ongoing and future litigation; and other risks as set forth in the Risk Factors section of the Company's most recent Form 10-K as filed with the SEC and supplemented from time to time in other Company filings made with the SEC. Copies of the Company’s Form 10-K and other SEC filings are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
Investor Contact:
Matt Glover and Clay Liolios
Gateway Group, Inc.
949-574-3860
[email protected]
