Sentinel One listing imminent… Submitted a securities report to the SEC

Sentinel One logo.
Sentinel One logo.

[Digital Today Correspondent Hwang Chi-gyu] Sentinel One, an automated cyber security platform (branch manager Chung-ha Woo), will hold a road show for listing its A-grade common stock. Sentinel One has filed a Form S-1 registration application with the US Securities and Exchange Commission (SEC) for an offering of 32 million shares of its Class A common stock.

Sentinen One will also give securities underwriters the option to purchase up to 4.8 million additional shares of its A-grade common stock for 30 days. The offering price is expected to be between $26 and $29 per share.

Morgan Stanley and Goldman Sachs acted as lead organizers and representative companies for this public offering. In addition to the shares sold at the public offering, Sentinel One has decided to purchase some of its existing shareholders at a price equivalent to the IPO price of its own A-grade common shares with a total purchase price of about $50 million under certain regulatory conditions.

Sentinel One uses AI to block threats at the point of attack and provides security solutions that can protect organizations before attacks penetrate.

Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.

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