Smith Micro Software (SMSI) Registration Filing summary

Company overview and business model

• Provides software solutions enhancing mobile experiences for global wireless service providers, focusing on digital family lifestyle, voice messaging, and IoT devices.

• Product portfolio includes family safety, content monetization, analytics, and retail display optimization.

• Incorporated in California in 1983, reincorporated in Delaware in 1995; principal offices in Pittsburgh, PA.

Financial performance and metrics

• As of May 6, 2025, 19,413,821 shares of common stock outstanding; no preferred stock outstanding.

• Aggregate market value of outstanding common stock held by non-affiliates was approximately $17.9 million.

• During the 12 months prior to the filing, approximately $6.8 million of securities were sold under a previous registration.

Use of proceeds and capital allocation

• Net proceeds intended for general corporate purposes, including working capital, capital expenditures, R&D, and acquisitions.

• Specific allocation and timing will depend on funding requirements and capital availability.