KNBE News

12 IPOs raised $3.7 billion this past week, led by software maker UiPath (PATH), which raised more than $1 billion in its public debut. The pipeline remained active, with 11 IPOs and one direct listing submitting initial filings. SPAC activity continued to decline, with no pricings for the first week ever in 2021 and just four new filings. The largest deal...read more

KnowBe4, which provides enterprises with an employee cybersecurity training platform, raised $152 million by offering 9.5 million shares (5% insider) at $16, the low end of the range of $16 to $18. The selling shareholders sold 2.3 million less shares than expected. At pricing, KnowBe4 commands a fully diluted market value of $2.9 billion.  KnowBe4 states that it has...read more

Updated Monday, 4/19. 11 IPOs are scheduled to raise a total of $3.6 billion in the week ahead, led by software maker UiPath (PATH). The largest IPO of the week, UiPath (PATH) plans to raise $990 million at a $26.0 billion market cap. The company provides software that identifies automation opportunities across organizations....read more

KnowBe4, which provides enterprises with an employee cybersecurity training platform, announced terms for its IPO on Monday. The Clearwater, FL-based company plans to raise $201 million by offering 11.8 million shares (24% insider) at a price range of $16 to $18. At the midpoint of the proposed range, KnowBe4 would command a fully diluted market value of $3.1 billion. ...read more