Deal Details
KnowBe4 Completes $175 Million IPO
Summary
KnowBe4, Inc. (“KnowBe4” or the “Company”) (NASDAQ: KNBE) recently completed an Initial Public Offering of 10,925,000 shares of its common stock, including the exercise in full of the underwriters’ overallotment option, at a price of $16.00 per share, generating proceeds of approximately $174.8 million. The Company expects to use the proceeds of this offering for general corporate purposes and to fund potential acquisitions.
Baird served as a co-manager on this offering.
About
KnowBe4 has developed the leading security awareness platform enabling organizations to assess, monitor and minimize the ongoing cybersecurity threat of social engineering attacks. The Company offers an integrated approach to security awareness that incorporates cloud-based software, machine learning, artificial intelligence, advanced analytics and insights with engaging content. KnowBe4 is headquartered in Clearwater, Florida.CONTACT US TO LEARN MORE
- Date
- April 2021
- Company
- KnowBe4, Inc.
- Transaction
- Equity Capital Markets
- Sectors
- Technology & Services
- Verticals
-
IT Services, Security & Infrastructure
- Target Geography
- North America
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