Knowbe4 Inc (KNBE)

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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.