Intelligent Protection Management (IPM) Registration Filing summary

Company overview and business model

• Provides managed IT security, private cloud hosting, backup/disaster recovery, professional services, procurement, and web hosting to enterprise and SMB clients across the US.

• Offers ManyCam live streaming software and holds eight technology patents.

• Recently acquired Newtek Technology Solutions and divested consumer-facing video and telecom applications.

Financial performance and metrics

• Jury awarded $65.7 million in a patent lawsuit against Cisco, but the final amount is subject to litigation and appeals; estimated net proceeds may be no more than one third of the gross award.

• As of March 13, 2026, 9,085,729 shares of common stock and 4,000,000 shares of Series A Preferred Stock were outstanding.

• Stock repurchase plan authorized up to $400,000; 151,258 shares repurchased for $301,048 as of December 31, 2025.

Use of proceeds and capital allocation

• Will not receive proceeds from the resale of shares by the selling stockholder.

• Proceeds from divestiture included $1.35 million in cash and assumption of certain liabilities by the buyer.