ReposiTrak (TRAK) Registration filing summary

Company overview and business model

• Operates a SaaS B2B e-commerce, compliance, traceability, and supply chain management platform for retailers, wholesalers, distributors, and suppliers.

• Offers three main application suites: Compliance Management, Traceability Network, and Supply Chain Solutions, focusing on regulatory compliance, supply chain efficiency, and risk reduction.

• Utilizes a hub-and-spoke model, engaging retailers/wholesalers as hubs who require their suppliers to use the platform.

• Principal customers include major food retail chains, restaurants, branded food manufacturers, wholesalers, and distributors.

• Changed corporate name from Park City Group, Inc. to current name in December 2023.

Financial performance and metrics

• Executive compensation for the year ended June 30, 2026: CEO total compensation $1,940,724; CFO $460,700; General Counsel $225,000.

• 2023 Omnibus Equity Incentive Plan authorized 400,000 shares; 2023 Employee Stock Purchase Plan authorized 50,000 shares.

• As of June 30, 2026, 101,426 options outstanding at a weighted-average exercise price of $6.78; 348,574 shares available for future issuance.

• Board approved $500,000 annual bonus for CEO for fiscal years 2025 and 2026 based on performance.

Use of proceeds and capital allocation

• Net proceeds intended primarily for working capital and general corporate purposes, including sales, marketing, product development, and capital expenditures.

• May allocate funds for acquisitions or investments in technologies or businesses, though no current commitments exist.

• Management has broad discretion over use of proceeds; actual expenditures may vary based on operational factors.

• Pending use, proceeds may be invested in short-term, investment-grade securities.