McAfee Corp. (MCFE) Prices 20M Shares at $22.50

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McAfee Corp. Announces Pricing of Public Offering of Common Stock

September 9, 2021 6:07 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- McAfee Corp. (McAfee) (NASDAQ: MCFE) today announced the pricing of its underwritten public offering of 20,000,000 shares of its Class A common stock to the public, with all shares being offered by certain selling stockholders (the Selling Stockholders) at a public offering price of $22.50 per share.

The offering is expected to close on September 14, 2021, subject to the satisfaction of customary closing conditions.

The underwriters have a 30-day option to purchase up to an additional 3,000,000 shares from the Selling Stockholders at the public... More