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 email@example.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.
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.
Conclusion of Article
The Steve Muehler portfolio of companies (formerly the “Private Placement Markets”) is a growing global provider of Insurance, mortgage banking, commercial insurance, legal document preparation and Investment Banking products and services. Through its diverse portfolio of solutions, the Steve Muehler portfolio of companies enables Entrepreneurs and Business Managers to plan, optimize and execute their business vision with confidence, using advanced technologies that provide transparency and insight for navigating today's Global Alternative Investments Capital Markets. As the creator of the world's first set of Private Placement Markets, its technology powers more than 68 market segments and is growing it operations over the next 24-months to include 50 countries.
Additional Online Resources:
About Steve Muehler Portfolio of Companies (Steve Muehler Holdings, LLC):
Steve Muehler – Paralegal: www.SteveMuehlerParalegal.com
Steve Muehler – Investment Banking: www.SteveMuehlerSecurities.com
Steve Muehler – Annuities: www.SteveMuehlerAnnuities.com
Steve Muehler – Debt Capital Markets: www.SteveMuehlerDebtCapital.com
Steve Muehler – Equity Capital Markets: www.SteveMuehlerEquityCapital.com
Steve Muehler – Real Estate Loans: www.SteveMuehlerLoans.com
Steve Muehler – Insurance: www.SteveMuehlerInsurance.com
Steve Muehler – Commercial Insurance: www.SteveMuehlerCommercialInsurance.com
Steve Muehler – EquityLock Residential: www.EquityLockResidential.com
Steve Muehler – EquityLock Commercial: www.EquityLockCommercial.com
Steve Muehler – Bail Bonds & Immigration Bonds: www.SteveMuehlerBail.com
About Mr. Steve Muehler, Founder & Senior Managing Member:
Personal Site: http://www.SteveMuehler.com
Personal Site: www.StevenMuehler.com
All trademarks and service marks are the property of the respective parties. Steve Muehler is not a Broker Dealer and does not provide, and does not offer to provide, any Broker Dealer related products or services.
NEWS SOURCE: Steve Muehler Holdings, LLC