US wireless communications company Patriot Mobile (PTRT.US) applies for US listing, plans to raise 10 million dollars.
The wireless communications company Patriot Mobile, which focuses on serving Christian conservative organizations, filed documents with the U.S. Securities and Exchange Commission (SEC) last Friday to raise up to 10 million dollars through an initial public offering (IPO).
According to reports from Zhihu Finance APP, Patriot Mobile, a wireless communications company focused on serving Christian conservative organizations, filed documents with the US Securities and Exchange Commission (SEC) last Friday to raise up to 10 million dollars through an initial public offering (IPO). The company plans to list on the Nasdaq under the ticker symbol "PTRT". The pricing terms for this offering have not yet been disclosed. Northland Securities will serve as the sole book-running manager for the transaction.
Founded in 2013, Patriot Mobile provides postpaid wireless voice, messaging, and data services to consumers, businesses, churches, and organizations that share Christian conservative values. The company does not own spectrum or network infrastructure, but instead purchases wholesale network capacity from aggregators that can access the three major nationwide wireless networks in the US, allowing customers to choose one or more networks on the same device. The company also offers devices, mobile internet, device protection, financing services, and accessories.
As a public benefit company, Patriot Mobile supports organizations that defend the freedoms protected by the First Amendment and the rights protected by the Second Amendment, advances causes that uphold the sanctity of life, and serves military personnel, veterans, and first responders. Data shows that the company’s revenue for the twelve months ending June 30, 2026 amounted to 102 million dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of America: Lowers Piper Sandler target price to $75
Bermaz Auto chairman Yeoh Choon San acquires MYR 90,250 in shares
