KnowBe4 Completes $175 Million IPO

Technology & Services

KnowBe4 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
Technology & Services

KnowBe4 IPO

Date
April 2021
Company
KnowBe4, Inc.
Transaction
Equity Capital Markets
Sectors
Technology & Services
Verticals
IT Services, Security & Networking
Target Location
North America

Share