Zscaler Inc. (ZS) Prices 12M Share IPO at $16/Sh

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Go back to Zscaler Inc. (ZS) Prices 12M Share IPO at $16/Sh

Zscaler Announces Pricing of Initial Public Offering

March 15, 2018 7:37 PM EDT

SAN JOSE, Calif., March 15, 2018 (GLOBE NEWSWIRE) -- Zscaler, Inc. (Nasdaq: ZS) today announced the pricing of its initial public offering of 12,000,000 shares of its common stock at a public offering price of $16.00 per share for total gross proceeds of approximately $192.0 million.  The shares are expected to begin trading on the Nasdaq Global Select Market on March 16, 2018, under the symbol "ZS."  The offering is expected to close on March 20, 2018, subject to customary closing conditions. 

In addition, Zscaler... More