253G2 1 ea022320202-253g2_reticulate.htm OFFERING CIRCULAR

Filed Pursuant to Rule 253(g)(2)
File No. 024-12440

 

Offering Circular Supplement No. 4 to Offering Circular dated July 31, 2024

 

 

RETICULATE MICRO, INC.

3255 Bayside Lakes Blvd., Suite 106

Palm Bay, FL 32909

888-528-2677

www.reticulate.io

 

This Offering Circular Supplement No. 4 (“Offering Circular Supplement No. 4”) relates to the Offering Circular of Reticulate Micro, Inc., a Nevada corporation (the “Company”), dated July 31, 2024 (the “Offering Circular”), filed with the Securities and Exchange Commission (the “SEC”) pursuant to Rule 253(g)(2) under the Securities Act of 1933, as amended. Capitalized terms used in this Offering Circular Supplement No. 4 and not otherwise defined herein have the meanings specified in the Offering Circular.

 

This Offering Circular Supplement No. 4 is being filed to include the information in our Current Report on Form 1-U which was furnished to the SEC on December 2, 2024.

 

This Offering Circular Supplement No. 4 should be read in conjunction with the Offering Circular and Offering Circular Supplement No. 1 filed with the SEC on August 5, 2024, Offering Circular Supplement No. 2 filed with the SEC on October 11, 2024, and Offering Circular Supplement No. 3 filed with the SEC on October 28, 2024 (together, the “Prior Supplements”) and is qualified by reference to the Offering Circular and the Prior Supplements, except to the extent that the information in this Offering Circular Supplement No. 4 supersedes the information contained in the Offering Circular and the Prior Supplements, and may not be delivered without the Offering Circular and Prior Supplements.

 

INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD CAREFULLY READ AND CONSIDER THE “RISK FACTORS” BEGINNING ON PAGE 16 OF THE OFFERING CIRCULAR.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the Offering Circular or this Offering Circular Supplement No. 4 is truthful or complete. Any representation to the contrary is a criminal offense.

 

The date of this Offering Circular Supplement No. 4 is December 2, 2024.

 

 

 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 1-U

 

CURRENT REPORT PURSUANT TO REGULATION A

 

Date of Report (Date of earliest event reported): November 18, 2024

 

RETICULATE MICRO, INC.
(Exact name of issuer as specified in its charter)

 

Nevada   88-2349540
(State or other jurisdiction of incorporation or organization)   (IRS Employer Identification No.)

 

3255 Bayside Lakes Blvd., Suite 106

Palm Bay, FL 32909

(Full mailing address of principal executive offices)

 

888-528-2677
(Issuer’s telephone number, including area code)

 

Title of each class of securities issued pursuant to Regulation A: Units, each consisting of one share of Class A Common Stock and one warrant to purchase one share of Class A Common Stock

 

 

 

 

 

Item 7. Departure of Certain Officers

 

On November 18, 2024, Joshua Cryer informed Reticulate Micro, Inc. (the “Company”) that he resigned from his positions as Chief Executive Officer and President of the Company effective as of November 30, 2024. The Company expects to enter into a separation agreement and release of claims (the “Separation Agreement”) with Mr. Cryer. Mr. Cryer’s resignation was not a result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. A copy of the Separation Agreement will be filed as an exhibit to this Current Report once it has been executed.

 

Item 9. Other Events

 

Appointment of Andrew Sheppard as Chief Executive Officer

 

On November 25, 2024, the board of directors of the Company appointed Andrew Sheppard as the Chief Executive Officer and President of the Company effective as of December 1, 2024. At the same time, the Company entered into an employment agreement (the “Employment Agreement”) with Mr. Sheppard, pursuant to which he will be paid a monthly base salary of $20,000. In addition, the Company will grant a stock option to purchase 350,000 shares of the Company’s Class A Common Stock at $3.50 per share under the Reticulate Micro, Inc. 2022 Equity Incentive Plan to Mr. Sheppard. A copy of the Employment Agreement is attached hereto as Exhibit 6.1 and is incorporated herein by reference.

 

On December 2, 2024, the Company issued a press release announcing Joshua Cryer’s resignation and the appointment of Andrew Sheppard as Chief Executive Officer and President of the Company. A copy of the press release is attached hereto as Exhibit 99.1.

 

Exhibit No.   Description
6.1   Employment Agreement between Reticulate Micro, Inc. and Andrew Sheppard, dated November 25, 2024
99.1   Press Release dated December 2, 2024 (new CEO)

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: December 2, 2024 RETICULATE MICRO, INC.
   
  /s/ Andrew Sheppard
  Name:  Andrew Sheppard
  Title: Chief Executive Officer

  

2

 

 

Exhibit 6.1

 

EMPLOYMENT AGREEMENT

 

EMPLOYMENT AGREEMENT (this “Employment Agreement”), dated as of November 25, 2024, between Reticulate Micro, Inc., a Nevada corporation (the “Company”), and Andrew Sheppard, an individual (the “Executive”).

 

RECITALS

 

The Company wishes to secure the services of the Executive as Chief Executive Officer, and President of the Company (with such other duties and/or offices in the Company or its affiliates as may be assigned by the Company, its Board of Directors, or other senior executive officers and as agreed to by Executive) upon the terms and conditions hereinafter set forth, and the Executive wishes to render such services to the Company upon the terms and conditions hereinafter set forth.

 

AGREEMENT

 

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants herein contained and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to be legally bound, agree as follows:

 

1. Employment by the Company. The Company agrees to employ the Executive in the positions of Chief Executive Officer and President of the Company and have such duties and responsibilities as are reasonably assigned, delegated and determined as are customarily assigned to individuals serving in such positions and such other duties consistent with Executive’s title (with such other duties and/or offices in the Company and its affiliates as may be assigned from time to time by the Company, its Board of Directors, or other senior executive officers and as agreed to by Executive) and the Executive accepts such employment and agrees to perform such duties. The Executive agrees to devote his full customary business time and energies to the business of the Company and/or its affiliates and to perform his duties hereunder on an exclusive basis commencing effective upon completion of the investment described in Section 3(a) below.

 

The Company acknowledges that the Executive may have legacy deals in progress from his current business activities at “Tolana” that do not interfere with the terms and conditions of this Employment Agreement.

 

2. Term of Employment. The term of this Employment Agreement (the “Term”) shall be for the initial period commencing on December 1, 2024 and ending on the second anniversary of the date hereof (unless the Executive is earlier terminated as provided in Section 4 hereof). This Term of this Agreement shall automatically renew for additional one (1) year periods after the expiration of the initial Term and each renewal period unless either party gives written notice to the other at least thirty (30) days prior to the expiration of the initial term or any renewal period.

 

 

 

 

3. Compensation. As full compensation for all services to be rendered by the Executive to the Company and/or its affiliates in all capacities during the Term, the Executive shall receive the following compensation and benefits:

 

(a) Salary. A monthly base salary (the “Base Salary”) of $20,000. The Base Salary and incentives will be adjusted to a market-comparable value as determined by the Board of Directors upon closing an investment of $5,000,000 from strategic business partners.

 

(b) Participation in Employee Benefit Plans; Other Benefits. The Executive shall be permitted during the Term, if and to the extent eligible, to participate in all employee benefit plans, policies and practices now or hereafter maintained by or on behalf of the Company commensurate with the Executive’s position with the Company. Nothing in this Employment Agreement shall preclude the Company from terminating or amending any such plans or coverage so as to eliminate, reduce or otherwise change any benefit payable thereunder, so long as such change similarly affects all Company employees. Notwithstanding anything herein to the contrary, Executive and his family shall receive health insurance from the Company.

 

The Executive health benefits (insurance, dental, vision), including family health benefits, are provided by the firm as part of your compensation package, should you elect to have these benefits.

 

(c) Expenses. The Company shall pay or reimburse the Executive for all reasonable and necessary expenses actually incurred or paid by the Executive during the Term in the performance of the Executive’s duties under this Employment Agreement, upon submission and approval of expense statements, vouchers or other supporting information in accordance with the then customary practices of the Company.

 

(d) Vacation. The Executive shall be entitled to 2 weeks of paid vacation for the first year of the Term and 3 weeks of paid vacation for the second year of the Term and subsequent renewals, if applicable.

 

(e) Withholding of Taxes. The Company may withhold from any benefits payable under this Employment Agreement all federal, state, city and other taxes as shall be required pursuant to any law or governmental regulation or ruling.

 

(f) Bonus. In addition to the Base Salary, the Executive shall be entitled to an incentive bonus based on revenue growth as determined by the Board of Directors within thirty (30) days of filing of the Company’s annual reports, as well as the ability to participate in any future senior management incentive programs.

 

Additionally, as a sales leader, you will participate in an Executive Bonus Program, which presents the potential to achieve upwards of 150% of your base salary in additional bonuses if the Company meets or exceeds annual performance objectives. N.B. This includes baseline quota and accelerators for performance that exceeds our corporate objectives, and this is in addition to the company-wide Performance Reward Plan.

 

(g) Stock Options. The Company shall grant the Executive a stock option to purchase 350,000 shares of Class A Common Stock at $3.50 per share (the “Stock Option”), subject to the terms and conditions applicable to stock options granted under the Company’s 2022 Equity Incentive Plan (the “Plan”), as described in the Plan and the applicable Stock Option Agreement (the “Option Agreement”). 50,000 shares shall vest on December 1, 2024, and the balance of 300,000 shares subject to the Stock Option shall vest equally over three (3) years on each semi-annual anniversary of the Option Agreement provided the Executive remains in continuous service with the Company, as described in the applicable Option Agreement.

 

2

 

 

4. Termination.

 

(a) Termination upon Death. If the Executive dies during the Term, this Employment Agreement shall terminate as of the date of his death except in Section 5(b) hereof.

 

(b) Termination upon Disability. If during the Term the Executive becomes physically or mentally disabled, whether totally or partially, so that the Executive is unable to perform his essential job functions hereunder for a period aggregating 180 days during any twelve- month period, and it is determined by a physician acceptable to both the Company and the Executive that, by reason of such physical or mental disability, the Executive shall be unable to perform the essential job functions required of him hereunder for such period or periods, the Company may, by written notice to the Executive, terminate this Employment Agreement, in which event the Term shall terminate 10 days after the date upon which the Company shall have given notice to the Executive of its intention to terminate this Employment Agreement because of the disability.

 

(c) Termination for Cause. The Company may at any time by written notice to the Executive terminate this Employment Agreement immediately and, except as provided in Section 5(b) hereof, the Executive shall have no right to receive any compensation or benefit hereunder on and after the date of such notice, in the event that an event of “Cause” occurs. For purposes of this Employment Agreement “Cause” shall mean:

 

(i) any willful breach by the Executive of any material term of this Employment Agreement, if the Executive fails to reasonably cure such breach within 30 days after the receipt of written notice from the Board of such breach, which notice shall state in reasonable detail the facts and circumstances claimed to be a failure or willful breach and of the intent of the Company to terminate the Executive’s employment upon the failure of the Executive to reasonably cure such failure or breach; or

 

(ii) Executive has committed an intentional felonious act of fraud, misappropriation, embezzlement, or theft or an intentional breach of fiduciary duty involving personal profit; or

 

(iii) the Executive is indicted for any criminal offense constituting a felony or a crime involving moral turpitude (except that Executive shall continue to be entitled to all compensation until a conviction of such offense); or

 

(iv) the Executive intentionally breaches the provisions of Section 6 of this Agreement.

 

For the purposes of this Employment Agreement, an act, or a failure to act, shall not be deemed willful or intentional, as those terms are used herein, unless it is done, or admitted to be done, by Executive in bad faith or without a reasonable belief that Executive’s action or omission was in the interest of the Company.

 

3

 

 

(d) Termination without Cause. The Company may terminate this Employment Agreement at any time, without cause, upon 30 days’ written notice by the Company to the Executive and, except as provided in Section 5(a) hereof, the Executive shall have no right to receive any compensation or benefit hereunder after such termination.

 

5. Severance Payments.

 

(a) Certain Severance Payments. If during the Term the Company terminates this Employment Agreement pursuant to Section 4(d) hereof, all compensation payable to the Executive under Section 3 hereof shall cease as of the date of termination specified in the Company’s notice (the “Termination Date”), and the Company shall pay to the Executive, subject to Section 6 hereof, the following sums: (i) the Base Salary on the Termination Date for the shorter of (x) three months and (y) the remainder of the Term (the applicable period being referred to as the “Severance Period”), payable in monthly installments; (ii) benefits under group health and life insurance plans in which the Executive participated prior to termination through the Severance Period; and (iii) all previously earned, accrued, and unpaid benefits from the Company and its employee benefit plans, including any such benefits under the Company’s pension, disability, and life insurance plans, policies, and programs. If, prior to the date on which the Company’s obligations under clause (i) of this Section 5(a) cease, the Executive violates Section 6 hereof, then the Company shall have no obligation to make any of the payments that remain payable by the Company under clauses (i) and (ii) of this Section 5(a) on or after the date of such violation. The payment of severance as required by this Section 5(a) may be conditioned by the Company on the delivery by the Executive of a release of any and all claims that the Executive may have against the Company which release shall be in form and substance satisfactory to the Company.

 

(b) Severance Payments upon Termination for Cause, Death or Disability. If this Employment Agreement is terminated by the Company pursuant to Sections 4(a), 4(b) or 4(c) hereof, the Executive (or his estate or representative as applicable) shall receive only the amounts specified in clause (ii) and (iii) of Section 5(a) hereof.

 

6. Certain Covenants of the Executive.

 

(a) Covenants Against Competition. The Executive acknowledges that: (i) Executive is one of the limited number of persons who will assist with developing the Company’s business, which consists of software and chipset solutions based on the Company’s proprietary SUPR ISR (Intelligence, Surveillance, Reconnaissance) system that delivers real-time compression of video streams on a world-wide basis (the “Company’s Business”); (ii) Executive’s work for the Company will bring Executive into close contact with many confidential affairs not readily available to the public; and (iii) the covenants contained in this Section 6 will not involve a substantial hardship upon Executive’s future livelihood. In order to induce the Company to enter into this Employment Agreement, the Executive covenants and agrees that:

 

(i) Non-Compete. During the Term and for the Severance Period (the “Restricted Period”), the Executive shall not, directly or indirectly, (i) in any manner whatsoever engage in any capacity with any business competitive with the Company’s Business for the Executive’s own benefit or for the benefit of any person or entity other than the Company or affiliate of the Company; or (ii) have any interest as owner, sole proprietor, shareholder, partner, lender, director, officer, manager, employee, consultant, agent or otherwise in any business competitive with the Company’s Business; provided, however, that the Executive may hold, directly or indirectly, solely as an investment, not more than two percent (2%) of the outstanding securities of any person or entity which are listed on any national securities exchange or regularly traded in the over-the-counter market notwithstanding the fact that such person or entity is engaged in a business competitive with the Company’s Business. In addition, during the Restricted Period, the Executive shall not develop any property for use in the Company’s Business on behalf of any person or entity other than the Company, its subsidiaries and affiliates.

 

4

 

 

(ii) Confidential Information. During the Restricted Period, the Executive shall not, directly or indirectly, disclose to any person or entity who is not authorized by the Company or any subsidiary or affiliate to receive such information, or use or appropriate for his own benefit or for the benefit of any person or entity other than the Company or any subsidiary or affiliate, any documents or other papers relating to the Company’s Business or the customers of the Company or any subsidiary or affiliate, including, without limitation, files, business relationships and accounts, pricing policies, customer lists, computer software and hardware, or any other materials relating to the Company’s Business or the customers of the Company or any affiliate of the Company or any trade secrets or confidential information, including, without limitation, any business or operational methods, drawings, sketches, designs or product concepts, know-how, marketing plans or strategies, product development techniques or plans, business acquisition plans, financial or other performance data, personnel and other policies of the Company or any affiliate of the Company, whether generated by the Executive or by any other person, except as required in the course of performing Executive’s duties hereunder or with the express written consent of the Company; provided, however, that the confidential information shall not include any information readily ascertainable from public or published information, or trade sources or independent third parties (other than as a direct or indirect result of unauthorized disclosure by the Executive). Notwithstanding the foregoing, any communications directly with the U.S. Securities and Exchange Commission required or permitted pursuant to Rule 21F-17(a) under the Securities Exchange Act of 1934, as amended, or other applicable law, legal process or government regulation, shall be permitted under this Agreement, provided, however, that prior to any disclosure of confidential information otherwise prohibited under this Agreement, the Executive shall, to the extent such rule so permits, use the Executive’s best efforts to advise the Company in advance of making any such permitted or required disclosure or statement and cooperate with the Company in order to afford the Company a reasonable opportunity to take any legally-permissible actions to contest, limit, remove the basis for, or otherwise address such disclosure or statement.

 

(iii) Employees of and Consultants to the Company. During the Restricted Period, the Executive shall not, directly or indirectly (other than in furtherance of the business of the Company), initiate communications with, solicit, persuade, entice, induce or encourage any individual who is then or who has been within the preceding 12- month period, an employee of or consultant to the Company or any of its affiliates to terminate employment with, or a consulting relationship with, the Company or such affiliate, as the case may be, or to become employed by or enter into a contract or other agreement with any other person, and the Executive shall not approach any such employee or consultant for any such purpose or authorize or knowingly approve the taking of any such actions by any other person.

 

5

 

 

(iv) Solicitation of Customers. During the Restricted Period, the Executive shall not, directly or indirectly, initiate communications with, solicit, persuade, entice, induce, encourage (or assist in connection with any of the foregoing) any person who is then or has been within the preceding 12-month period a customer or account of the Company or its affiliates, or any actual customer leads whose identity the Executive learned during the course of his employment with the Company, to terminate or to adversely alter its contractual or other relationship with the Company or its affiliates.

 

(b) Rights and Remedies Upon Breach. If the Executive breaches any of the provisions of Section 6(a) hereof (collectively, the “Restrictive Covenants”), the Company and its affiliates shall, in addition to the rights set forth in Section 6(a) hereof, have the right and remedy to seek from any court of competent jurisdiction specific performance of the Restrictive Covenants or injunctive relief against any act which would violate any of the Restrictive Covenants, it being acknowledged and agreed that any such breach may cause irreparable injury to the Company and its affiliates and that money damages will not provide an adequate remedy to the Company and its affiliates.

 

(c) Severability of Covenants. If any of the Restrictive Covenants, or any part thereof, is held by a court of competent jurisdiction or any foreign, federal, state, county or local government or other governmental, regulatory or administrative agency or authority to be invalid, void, unenforceable or against public policy for any reason, the remainder of the Restrictive Covenants shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and such court, government, agency or authority shall be empowered to substitute, to the extent enforceable, provisions similar thereto or other provisions so as to provide to the Company and its affiliates, to the fullest extent permitted by applicable law, the benefits intended by such provisions.

 

(d) Enforceability in Jurisdictions. The parties intend to and hereby confer jurisdiction to enforce the Restrictive Covenants upon the courts of any jurisdiction within the geographical scope of such Covenants and only in such jurisdiction where the Executive’s alleged violation of the Restrictive Covenants occurred. If the courts of any one or more of such jurisdictions hold the Restrictive Covenants wholly invalid or unenforceable by reason of the breadth of such scope or otherwise, it is the intention of the parties that such determination not bar or in any way affect the Company’s right to the relief provided above in the courts of any other jurisdiction within the geographical scope of such Restrictive Covenants, as to breaches of such Restrictive Covenants in such other respective jurisdictions, such Restrictive Covenants as they relate to each jurisdiction being, for this purpose, severable into diverse and independent covenants.

 

7. Other Provisions.

 

(a) Notices. Any notice or other communication required or which may be given hereunder shall be in writing and shall be delivered personally, telecopied, telegraphed or telexed, or sent by certified, registered or express mail, postage prepaid, to the parties at the addresses specified on the signature page hereto, or at such other addresses as shall be specified by the parties by like notice, and shall be deemed given so long as such provides a receipt of delivery, when so delivered personally, telecopied, telegraphed or telexed, or mailed.

 

6

 

 

(b) Entire Agreement. This Employment Agreement contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior contracts and other agreements, written or oral, with respect thereto.

 

(c) Waivers and Amendments. This Employment Agreement may be amended, modified, superseded, cancelled, renewed or extended, and the terms and conditions hereof may be waived, only by a written instrument signed by the parties or, in the case of a waiver, by the party waiving compliance. No delay on the part of any party in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any waiver on the part of any party of any right, power or privilege hereunder, nor any single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege hereunder.

 

(d) Governing Law. This Employment Agreement shall be governed by, and construed in accordance with and subject to, the laws of the State of Nevada applicable to agreements made and to be performed entirely within such state.

 

(e) Binding Effect; Benefit. This Employment Agreement shall inure to the benefit of and be binding upon the parties hereto and any successors and assigns permitted or required by Section 7(f) hereof. Nothing in this Employment Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or such successors and assigns, any rights, remedies, obligations or liabilities under or by reason of this Employment Agreement.

 

(f) Assignment. This Employment Agreement, and the Executive’s rights and obligations hereunder, may not be assigned by the Executive. The Company may assign this Employment Agreement and its rights, together with its obligations, hereunder in connection with any sale, transfer or other disposition of all or substantially all of its assets or business, whether by merger, consolidation or otherwise.

 

(g) Counterparts. This Employment Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

 

(h) Headings. The headings in this Employment Agreement are for reference purposes only and shall not in any way affect the meaning or interpretation of this Employment Agreement.

 

[Signature page follows]

 

7

 

 

IN WITNESS WHEREOF, the parties have executed this Employment Agreement as of the date first above written.

 

  COMPANY:
   
  Reticulate Micro, Inc.
     
  By: /s/ Michael Chermak
    Name:  Michael Chermak
    Title: Executive Chairman

 

  Address: 17090 Via Serenidad
    Ramona, CA 92065

 

  EXECUTIVE:
   
  /s/ Andrew Sheppard
 

(Signature)

 
  Andrew Sheppard
  (Name)

 

 

 

 

Exhibit 99.1

 

Reticulate Micro Appoints Andrew Sheppard as CEO to Spearhead Commercial Expansion

 

Palm Bay, FL — December 2, 2024 — Reticulate Micro, Inc., the pioneer in next-generation video technology through its groundbreaking VAST (Video Adaptive Systems Technology) platform, today announced a strategic leadership change to drive its expansion into commercial markets while reinforcing its commitment to military and defense partners.

 

Joshua Cryer will transition out of his role as Chief Executive Officer and President, with Andrew W. Sheppard, a veteran global executive and defense innovator, assuming leadership.

 

Charting a New Course

 

“Josh Cryer’s leadership transformed Reticulate Micro from a concept into an established business, revolutionizing military-grade video processing. His focus on technical excellence and commitment to solving critical defense challenges led to the successful development of our groundbreaking VAST platform.” said Michael Chermak, Executive Chairman. “This transition marks an ambitious step forward as we extend our proven capabilities into commercial applications.”

 

Andrew Sheppard brings decades of leadership experience in defense, telecommunications, and international markets. As a Special Forces veteran and engineer, Sheppard has developed groundbreaking systems in counter-terrorism, border security, and global communications. His track record of business transformation and growth acceleration aligns perfectly with Reticulate Micro’s aspirations.

 

A Vision for the Future

 

Andrew Sheppard, newly appointed CEO, stated: “I am honored to lead Reticulate Micro at this crucial juncture. In my opinion, the VAST platform is truly revolutionary—transforming video data capture, transmission, and storage while reducing bandwidth, storage, and power consumption by up to 50%, all while delivering unparalleled video quality across any network or device.  I believe that Reticulate Micro is at the forefront of addressing one of the digital age’s most pressing challenges—the exponential growth of video data. Together, we will build on the company’s legacy of innovation, forging new partnerships and delivering cutting-edge solutions that empower our customers to achieve more.”

 

About Reticulate Micro, Inc.  

 

Reticulate Micro, Inc., headquartered in Palm Bay, Florida, is a video technology company focused on addressing the world’s growing crisis in video data transmission and storage. Through its proprietary VAST (Video Adaptive Systems Technology) platform, Reticulate is aiming to transform how organizations capture, transmit, store and share visual data. The Company’s battle-tested technology, proven in military applications, reduces video bandwidth, storage, and power consumption by up to 50% while maintaining quality across any network or hardware platform. From defense to AI and enterprise applications, Reticulate endeavors to redefine how organizations handle the growing demands of video data worldwide.

 

 

 

Cautionary Note Regarding Forward-Looking Statements:

 

This press release contains forward-looking statements that are subject to various risks and uncertainties. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical facts, particularly those that use terminology such as “intends,” “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Although the Company believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Forward-looking statements speak only as of the date of the document in which they are contained, and the Company does not undertake any duty to update any forward-looking statements except as may be required by law.

 

Important Notice the Regarding Our Regulation A Offering

 

An offering statement regarding our offering of units consisting of one share of class A common stock and a warrant to purchase one share of class A common stock has been filed with the SEC. The SEC has qualified that offering statement, which means that Reticulate Micro may make sales of the securities described by that offering statement. It does not mean that the SEC has approved, passed upon the merits or passed upon the accuracy or completeness of the information in the offering statement. You may obtain a copy of the offering circular that is part of that offering statement through this link.

 

Investing in a public offering like our Regulation A offering is subject to unique risks, tolerance for volatility, and potential loss of your investment, that investors should be aware of prior to making an investment decision. Please carefully review the risk factors contained in the offering circular for this offering. For more information about Regulation A offerings, including the unique risks associated with these types of offerings, please click on the SEC’s Investor Alert.

 

Neither this document nor any of its content constitutes an offer to sell, solicitation of an offer to buy or a recommendation for any security by Reticulate Micro or any third party. The content of this document is provided for general information purposes only and is not intended to solicit the purchase of securities or to be used as investment, legal or tax advice. A securities offering by Reticulate Micro is only being made pursuant to the offering circular described above. The content of this document is qualified in its entirety by such offering circular. Prospective investors are urged to consult with their own, investment, legal and tax advisors prior to making any investment in Reticulate Micro.

 

Contact: 

 

Media: 

 

Reticulate Micro Media Relations 
media@reticulate.io

 

Investor Relations: 

 

Reticulate Micro Investor Relations 
ir@reticulate.io