ForeScout Technologies Inc. (FSCT) Prices 5,28M Share IPO at $22/Sh

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ForeScout Technologies Announces Pricing of Initial Public Offering

October 26, 2017 9:31 PM EDT

SAN JOSE, CA -- (Marketwired) -- 10/26/17 -- ForeScout Technologies, Inc. (NASDAQ: FSCT), a leading Internet of Things (IoT) security company, today announced the pricing of its initial public offering of 5,280,000 shares of its common stock at a price to the public of $22.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on October 27, 2017 under the symbol "FSCT." The offering is expected to close on October 31, 2017, subject to customary closing conditions.

ForeScout has granted the underwriters a 30-day option to purchase up to 792,000 additional shares of common... More