Tenable Holdings, Inc. (TENB) Prices 8M Share Common Offering at $31.95/Sh by Selling Shareholders

Tenable (NASDAQ: TENB) today announced the pricing of an underwritten public offering of 8,000,000 shares of its common stock by certain existing stockholders of Tenable at a price to the public of $31.95 per share. The offering is expected to close on or about August 4, 2020, subject to the satisfaction of customary closing conditions. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock from them at the public offering price, less underwriting discounts and commissions. Tenable will not receive any proceeds from the sale of shares of common stock by the selling stockholders.

J.P. Morgan, Morgan Stanley and Barclays are acting as joint book-running managers for the offering. Stifel is acting as passive book-running manager for the offering. Allen & Company LLC, William Blair, Piper Sandler, SunTrust Robinson Humphrey and Wedbush Securities are acting as co-managers for the offering.

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