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Fathom Announces Additional Prospecting Program Within Expanded Footprint at the Gochager Lake Project
Newsfile· 2025-09-29 11:45
Core Viewpoint - Fathom Nickel Inc. has initiated an additional prospecting program at the Gochager Lake Project following a recent wildfire that has exposed new geological outcrops, enhancing the potential for mineral exploration [1][3]. Group 1: Project Details - The prospecting program focuses on newly exposed gabbroic-pyroxenite rock types, with geochemical anomalies identified up to 1.4 km along strike from the historic Gochager Lake deposit [2][3]. - Geology crews are collecting chip samples and conducting pXRF rock geochemistry analysis on-site, with the program expected to last approximately one week [2][3]. - Initial soil geochemistry results have begun to arrive, with full results anticipated by mid-October [3]. Group 2: Methodology and Technology - Fathom is utilizing a portable Vanta™ XRF Analyzer for real-time lithogeochemical data collection on surface rock samples, which allows for effective readings of various elements including nickel, copper, and cobalt [7]. - The pXRF data serves as an indication of elemental presence, although its accuracy can vary based on beam positioning [7]. Group 3: Company Overview - Fathom Nickel Inc. is focused on exploring magmatic nickel sulphide deposits to secure critical minerals for North America and support the global green energy transition [10]. - The company holds three exploration projects in Saskatchewan, including the Gochager Lake Project, which spans over 34,000 hectares and hosts the historic Gochager Lake deposit [11].
Fathom Holdings Announces Closing of Underwritten Public Offering of Common Stock
Prnewswire· 2025-09-22 20:05
Core Insights - Fathom Holdings Inc. has successfully closed its underwritten public offering of 3,000,000 shares of common stock at a price of $2.00 per share [1] Company Summary - The offering was part of Fathom Holdings Inc.'s strategy to leverage its technology-driven real estate services platform [1]
Fathom prices 3M shares at $2.00 in underwritten public offering
Yahoo Finance· 2025-09-20 12:10
Group 1 - Fathom Holdings announced a public offering of 3,000,000 shares of common stock priced at $2.00 per share [1] - The underwriter has a 45-day option to purchase an additional 15% of the shares offered [1] - The company expects to receive net proceeds of approximately $5.4 million after underwriting discounts and expenses, excluding the overallotment option [1] Group 2 - The offering is expected to close on September 22, subject to customary closing conditions [1] - The net proceeds will be used for general corporate purposes [1] - Roth Capital Partners is acting as the sole manager for the offering [1]
Fathom prices public offering of 3M shares at $2.00 apiece, stock down over 10% (FTHM:NASDAQ)
Seeking Alpha· 2025-09-19 12:29
Core Viewpoint - Fathom Holdings has announced a public offering of 3 million shares priced at $2.00 each, aiming to raise approximately $5.4 million in net proceeds for general corporate purposes [1] Group 1 - The public offering consists of 3 million shares [1] - The share price is set at $2.00 per share [1] - The expected net proceeds from the offering are around $5.4 million [1]
Fathom Holdings Prices Underwritten Public Offering of Common Stock
Globenewswire· 2025-09-19 12:04
Core Viewpoint - Fathom Holdings Inc. has announced a public offering of 3,000,000 shares of common stock priced at $2.00 per share, aiming to raise approximately $5.4 million in net proceeds for general corporate purposes [1][2]. Group 1: Offering Details - The underwriter has a 45-day option to purchase an additional 15% of the shares offered under the same terms [2]. - The offering is expected to close on September 22, 2025, subject to customary closing conditions [2]. - Roth Capital Partners is acting as the sole manager for the offering [3]. Group 2: Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [5]. - The company leverages its proprietary cloud-based software, intelliAgent, to provide services to brokerages and agents [5]. - Fathom's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone [5].
Morning Market Movers: AGMH, ATMV, BREA, ASST See Big Swings
RTTNews· 2025-09-19 11:53
Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - AGM Group Holdings Inc. (AGMH) increased by 185% to $6.36 [3] - AlphaVest Acquisition Corp (ATMV) rose by 77% to $26.80 [3] - Brera Holdings PLC (BREA) saw a 20% increase to $30.00 [3] - Asset Entities Inc. (ASST) gained 18% to $4.54 [3] - 22nd Century Group, Inc. (XXII) also increased by 18% to $2.08 [3] - Millennium Group International Holdings Limited (MGIH) rose by 16% to $2.84 [3] - Robo.ai Inc. (AIIO) increased by 11% to $2.17 [3] - Butterfly Network, Inc. (BFLY) saw a 10% rise to $2.10 [3] - GrafTech International Ltd. (EAF) increased by 9% to $13.91 [3] - Cardlytics, Inc. (CDLX) rose by 8% to $2.99 [3] Premarket Losers - ECD Automotive Design, Inc. (ECDA) decreased by 14% to $3.70 [4] - Champions Oncology, Inc. (CSBR) fell by 8% to $6.11 [4] - Beam Global (BEEM) saw an 8% decline to $2.79 [4] - Fathom Holdings Inc. (FTHM) decreased by 8% to $2.19 [4] - Ventyx Biosciences, Inc. (VTYX) fell by 7% to $2.20 [4] - SciSparc Ltd. (SPRC) decreased by 6% to $4.35 [4] - Lightwave Logic, Inc. (LWLG) fell by 6% to $3.45 [4] - Jasper Therapeutics, Inc. (JSPR) decreased by 6% to $2.43 [4] - StableX Technologies, Inc. (SBLX) fell by 5% to $5.67 [4] - Galecto, Inc. (GLTO) decreased by 5% to $2.70 [4]
Fathom Holdings Announces Proposed Offering of Common Stock
Globenewswire· 2025-09-18 21:48
Core Viewpoint - Fathom Holdings Inc. announced a proposed primary offering of its common stock, with an option for underwriters to purchase an additional 15% of the shares offered, subject to market conditions [1][2]. Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings, utilizing its proprietary cloud-based software, intelliAgent [4]. - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone [4]. Offering Details - The offering is underwritten and the net proceeds will be used for general corporate purposes [1]. - A shelf registration statement for the shares has been filed with the SEC and is effective [3]. - Roth Capital Partners is the sole manager for the offering [2].
Fathom Holdings Partners with Leadership Expert J'aime Nowak to Elevate Agent Training and Coaching Programs
Prnewswire· 2025-09-16 12:30
Core Insights - Fathom Holdings Inc. has announced a strategic partnership with leadership consultant J'aime Nowak to enhance coaching and training initiatives for its agents [1][3] - Nowak brings over 30 years of experience in entrepreneurship, corporate leadership, and team development, and is the author of a guide aimed at helping professionals, especially women, balance work and personal life [2][4] - The partnership aims to improve Fathom Elevate, a premium coaching program designed to boost agent productivity and profitability, and will also influence onboarding, leadership development, and agent training across the organization [3][4] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings through its proprietary cloud-based software, intelliAgent [5] - The company's brands include Fathom Realty, Encompass Lending, intelliAgent, LiveBy, Real Results, and Verus Title [5]
Fathom (FTHM) 2025 Conference Transcript
2025-09-04 18:00
Summary of Fathom Holdings Conference Call Company Overview - **Company**: Fathom Holdings (FTHM) - **Industry**: Real Estate Services - **Business Model**: Technology-driven end-to-end real estate services platform integrating residential, mortgage, title, and SaaS offerings for brokers and agents [1] Key Financial Highlights - **Q2 Revenue Growth**: 36% year-over-year [2] - **Transaction Growth**: 25% year-over-year [2] - **Agent Growth**: 23% year-over-year [2] - **Technology Investment**: Approximately $20 million [2] - **Projected Growth**: Anticipated 50% growth year-over-year when market conditions improve [6] Market Conditions and Trends - **Current Market Challenges**: The real estate industry has faced difficulties due to rising interest rates and home prices [2][4] - **Home Price Trends**: Average home price increased from $330,000 to $440,000 over the past four years; expected to decrease by 10% to around $400,000 [4][6] - **Interest Rate Outlook**: Anticipated decrease to 6.25%, improving affordability [6] - **Regional Trends**: Home prices in California have decreased by 3% year-over-year, indicating a potential nationwide trend [5][6] Unique Business Model - **Technology Focus**: Fathom positions itself as a technology company rather than a traditional real estate company, with a comprehensive ERP-like system for agents [3][7] - **Flat Fee Structure**: Charges a flat fee for agent commissions, contrasting with traditional percentage-based models [10][13] - **Concierge Service**: Introduced "Elevate," a concierge service to assist agents with non-sales tasks, enhancing agent productivity [10][14] Growth Strategy - **Acquisition Strategy**: Recent acquisition of My Home Group, adding 2,200 agents; plans for further acquisitions to expand market share [4][27] - **Licensing Technology**: Plans to license technology to small brokerages, creating a new revenue stream [23][24] - **Ancillary Services Growth**: Significant growth in mortgage (65%) and title (89%) businesses from January to June [25] Operational Efficiency - **Cost per Transaction**: Fathom's cost to close a transaction is less than $270, significantly lower than competitors [22] - **Agent Turnover**: Fathom has a turnover rate of less than 1.5% per month, compared to the industry average of 3% [13][31] - **Agent Satisfaction**: Recognized as a top company for agent satisfaction based on independent reviews [32] Management and Leadership - **Experienced Management Team**: The management team has extensive experience in navigating both good and bad market conditions [33] - **Board Composition**: Includes industry veterans with significant M&A experience and leadership in public companies [33] Future Outlook - **Market Recovery**: Anticipated increase in transactions to approximately 4.5 million next year, with a long-term projection of close to 5 million by 2027 [29][30] - **Expansion Plans**: Fathom operates in 43 states and aims to continue expanding its footprint [30][31] This summary encapsulates the key points discussed during the Fathom Holdings conference call, highlighting the company's performance, market conditions, unique business model, growth strategies, operational efficiencies, and future outlook.
Fathom to Present at the 2025 Gateway Conference on September 4th
Globenewswire· 2025-08-20 12:30
Core Insights - Fathom Holdings Inc. will participate in the 2025 Gateway Conference on September 3-4, 2025, in San Francisco, CA [1] - CEO Marco Fregenal will present on September 4 at 10:00 am PT, with a live webcast available [2] - The presentation will cover Fathom's strategic roadmap, showcasing a 36% year-over-year revenue growth, record transaction volumes, and a 23% increase in agent count [3] Financial Performance - Fathom reported a strong second quarter with a 36% increase in revenue year-over-year [3] - The company achieved record transaction volumes and a 23% rise in agent count [3] - Fathom has returned to adjusted EBITDA profitability [3] Strategic Developments - The rapid adoption of the Elevate program is highlighted as a key growth driver [3] - Fathom secured its first licensing agreement for the intelliAgent platform with Sovereign Realty Partners under the Fathom Elite brand [3] - Ongoing agent expansion and platform innovation are expected to support sustained growth and increased market share [3] Company Overview - Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings [5] - The company leverages its proprietary cloud-based software, intelliAgent, and operates several brands including Fathom Realty and Encompass Lending [5]