Dynamix Corporation III raises $201.25 million in IPO
Investing.com -- Cybersecurity firm Netskope raised the proposed price range for its initial public offering in the United States on Tuesday.
The cloud security software developer increased its IPO pricing range to $17-$19 per share, up from the previously announced range of $15-$17 per share. The company maintained its plan to offer 47,800,000 shares in the offering.
Netskope intends to list on the Nasdaq stock exchange under the ticker symbol "NTSK."
Morgan Stanley and J.P. Morgan are serving as the lead underwriters for the offering.
Founded in 2012, Netskope develops cloud security software that helps businesses protect their applications, websites, and data from cyber threats.
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