Patriot Mobile Inc.

What the company does

Patriot Mobile offers wireless phone services to consumer and enterprise customers, and in May 2026 it expanded into home internet with its 5G Home Wireless offering. The company was founded in 2013 as Patriot Mobile LLC and is a public benefit corporation under Texas law. Patriot Mobile Inc. was formed in 2026 to serve as the holding company and issuer of the Class A common stock offered.

Use of proceeds

Patriot Mobile Inc. intends to use its net proceeds from this offering to purchase newly issued LLC Units from Patriot Mobile Holdings LLC. Patriot Mobile Holdings LLC intends to use those proceeds to redeem LLC Units from certain Continuing Equity Holders, repay up to a stated amount of borrowings under its Line of Credit, pay estimated offering expenses, and use any remainder for general corporate purposes.

Underwriters

Extracted from S-1 0001104659-26-115093, filed Oct 9, 2026 and verified against that filing text.

Key risk factors

• Public benefit corporation duties

  “Accordingly, our duty to balance a variety of interests may result in actions that do not maximize shareholder value.”

• Controlled company status

  “As a result, we will be a “controlled company” under the corporate governance rules of Nasdaq following the completion of this offering; however, we have elected not to take advantage of the controlled company exemption.”