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ForeScout Technologies Announces Pricing of Initial Public Offering
Oct. 27, 2017 08:40AM PST
Data Investing
ForeScout Technologies (NASDAQ:FSCT) has announced the pricing of its initial public offering of 5.2 million shares of its common stock at #22 per share. As quoted in the press release: The shares are expected to begin trading on the NASDAQ Global Select Market on October 27, 2017 under the symbol “FSCT.” The offering is expected …
ForeScout Technologies (NASDAQ:FSCT) has announced the pricing of its initial public offering of 5.2 million shares of its common stock at #22 per share.
As quoted in the press release:
The shares are expected to begin trading on the NASDAQ Global Select Market on October 27, 2017 under the symbol “FSCT.” The offering is expected to close on October 31, 2017, subject to customary closing conditions.
ForeScout has granted the underwriters a 30-day option to purchase up to 792,000 additional shares of common stock at the initial public offering price less underwriting discounts and commissions.
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, and Citigroup Global Markets Inc. are acting as lead book-running managers for the offering. BofA Merrill Lynch and UBS Securities LLC are also acting as book-running managers for the offering. KeyBanc Capital Markets Inc. is acting as a co-manager.
The offering is being made only by means of a prospectus. When available, a copy of the final prospectus related to the offering may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, toll-free: (866) 803-9204, email: prospectuseq_fi@jpmchase.com and from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146.