SentinelOne Announces Underwriters’ Full Exercise of Greenshoe Option and Closing of Initial Public Offering
July 06 2021 - 9:10AM
Business Wire
SentinelOne, Inc. (“SentinelOne”), an autonomous cybersecurity
platform company, today announced the closing of its initial public
offering of 40,250,000 shares of its Class A common stock,
including the full exercise by the underwriters of their
overallotment option to purchase 5,250,000 shares of Class A common
stock, at a public offering price of $35.00 per share. The shares
are listed on the New York Stock Exchange under the ticker symbol
“S.” SentinelOne received net proceeds from the offering of
approximately $1.33 billion, after deducting underwriting discounts
and commissions.
Morgan Stanley and Goldman Sachs & Co. LLC acted as lead
book-running managers and representatives of the underwriters for
the offering. BofA Securities, Barclays, and Wells Fargo Securities
acted as active book-running managers for the offering. UBS
Investment Bank, Jefferies LLC, and Deutsche Bank Securities acted
as additional book-running managers for the offering. Piper
Sandler, BTIG, Cowen, Needham & Company, Loop Capital Markets,
Drexel Hamilton, and R. Seelaus & Co., LLC acted as co-managers
for the offering.
In addition to the shares sold in the public offering,
SentinelOne closed the concurrent sale of 1,428,568 shares of its
Class A common stock to certain of its existing stockholders, at
the public offering price of $35.00 per share, in a private
placement. The sale of these shares was not registered under the
Securities Act of 1933, as amended.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
June 29, 2021. The offering was made only by means of a prospectus.
A copy of the final prospectus may be obtained 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/20210706005454/en/
Investor Contact SentinelOne, Inc. Doug Clark E:
investors@sentinelone.com
Press Contact Jake Schuster fama PR for SentinelOne P:
617-986-5000 E: S1@famapr.com
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