SentinelOne Announces Pricing of Initial Public Offering
June 30 2021 - 6:58AM
Business Wire
SentinelOne, Inc. (“SentinelOne”), an autonomous cybersecurity
platform company, today announced the pricing of its initial public
offering of 35,000,000 shares of its Class A common stock at a
public offering price of $35.00 per share. The shares are expected
to begin trading on the New York Stock Exchange on June 30, 2021
under the ticker symbol “S.” The offering is expected to close on
July 2, 2021, subject to the satisfaction of customary closing
conditions.
In addition, the underwriters have been granted a 30-day option
to purchase up to an additional 5,250,000 shares of Class A common
stock from SentinelOne at the initial public offering price, less
underwriting discounts and commissions.
Morgan Stanley and Goldman Sachs & Co. LLC are acting as
lead book-running managers and representatives of the underwriters
for the offering. BofA Securities, Barclays, and Wells Fargo
Securities are acting as active book-running managers for the
offering. UBS Investment Bank, Jefferies LLC, and Deutsche Bank
Securities Inc. are acting as additional book-running managers for
the offering. Piper Sandler, BTIG, Cowen, Needham & Company,
LLC, Loop Capital Markets LLC, Drexel Hamilton, and R. Seelaus
& Co., LLC are acting as co-managers for the offering.
In addition to the shares sold in the public offering,
SentinelOne announced the concurrent sale of 1,428,568 shares of
its Class A common stock to certain of its existing stockholders,
at a price per share equal to the initial public offering price, in
a private placement. The sale of these shares will not be
registered under the Securities Act of 1933, as amended.
The closing of the initial public offering is not conditioned
upon the closing of the concurrent private placement.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
June 29, 2021. The offering is being made only by means of a
prospectus. A copy of the final prospectus may be obtained, when
available, from: Morgan Stanley & Co. LLC, Attention:
Prospectus Department, 180 Varick Street, 2nd Floor, New York, New
York 10014 or Goldman Sachs & Co. LLC, Attention: Prospectus
Department, 200 West Street, New York, New York 10282, or by
telephone at 1-866-471-2526, or by email at
prospectus-ny@ny.email.gs.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About SentinelOne
SentinelOne’s cybersecurity solutions encompass AI-powered
prevention, detection, response and hunting across endpoints,
containers, cloud workloads, and IoT devices in a single autonomous
XDR platform.
Category: Investors
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version on businesswire.com: https://www.businesswire.com/news/home/20210630005498/en/
Investor SentinelOne, Inc. Doug Clark E:
investors@sentinelone.com Press Jake Schuster fama PR for
SentinelOne P: 617-986-5000 E: S1@famapr.com
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