Tenable Holdings, Inc. (TENB) Announces Proposed Public Offering of Common Stock by Selling Stockholders

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Tenable Announces Proposed Public Offering of Common Stock by Selling Stockholders

July 29, 2020 4:18 PM EDT

COLUMBIA, Md., July 29, 2020 (GLOBE NEWSWIRE) -- 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... More