crudeoil24
4 years ago
KnowBe4 Raises $144M From IPO At $16 Per Share
6:00 am ET April 22, 2021 (Benzinga) Print
Security awareness platform provider KnowBe4 Inc (NASDAQ: KNBE) has priced 9.5 million shares at $16 per share in its initial public offering (IPO).
The IPO included 0.5 million shares from selling shareholders. KnoeBe4 has raised gross offering proceeds of $144 million.
The underwriters have a 30-day option to purchase additional shares up to 1.4 million.
The shares are expected to begin trading on the Nasdaq under the symbol "KNBE" from today.
Morgan Stanley, Goldman Sachs & Co. LLC, BofA Securities, and KKR Capital Markets, LLC are the lead bookrunners for the offering.
crudeoil24
4 years ago
KnowBe4, Inc. (KnowBe4) is a security awareness training and simulated phishing company. The Company offers security awareness platform enabling organizations to assess, monitor and minimize the ongoing cybersecurity threat of social engineering attacks. The Company’s platform is purpose-built to drive awareness, change human behavior and enable a security-minded culture that results in a reduction of social engineering risks. Its platform includes Security Awareness, Security Orchestration, Automation and Response (SOAR), and Governance, Risk and Compliance. Its products include Kevin Mitnick Security Awareness Training (KMSAT), PhishER and KnowBe4 Compliance Manager (KCM). It also provides free tools such as Phishing Tools, Security Awareness Training Tools, Password Tools, Email Security Tools and Malware Tools.