Tenable Holdings, Inc. (TENB) Announces Proposed Public Offering of Common Stock by Selling Stockholders
Tenable (Nasdaq: TENB), the Cyber Exposure company, today announced the launch of a proposed underwritten public offering of 8,000,000 shares of its common stock by certain existing stockholders of Tenable. Tenable will not receive any of the proceeds from the sale of shares of common stock by the selling stockholders. The selling stockholders expect to grant 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.
J.P. Morgan, Morgan Stanley and Barclays are acting as joint book-running managers for the proposed offering.
The proposed offering is being made pursuant to a shelf registration statement, including a base prospectus, filed by Tenable with the Securities and Exchange Commission (“SEC”), which was effective upon filing.
