UPDATE: Tenable Holdings, Inc. (TENB) Prices 10.9M Share IPO at $23/Sh
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Tenable Holdings, Inc. (NASDAQ: TENB) today announced the pricing of its initial public offering of 10,900,000 shares of common stock at a price to the public of $23.00 per share.
The shares are expected to begin trading on the Nasdaq Global Select Market under the symbol "TENB" on July 26, 2018, and the offering is expected to close on July 30, 2018, subject to customary closing conditions. In addition, Tenable has granted the underwriters a 30-day option to purchase up to 1,635,000 additional shares of common stock at the initial public offering price less underwriting discounts and commissions.
Morgan Stanley, J.P. Morgan, Allen & Company LLC and Deutsche Bank are acting as active book-running managers for the offering. Stifel is acting as passive book-running manager, and William Blair and BTIG is acting as co-managers for the offering.
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