The shares in the offering will be offered by Fortinet and certain selling stockholders. The company claimed that the number of shares to be offered and the price range for the offering have not been determined.
Morgan Stanley & Co. Incorporated, J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc. are acting as joint book-runners for the offering. Robert W. Baird & Co. Incorporated, RBC Capital Markets Corporation, ThinkEquity LLC, JMP Securities LLC, and Signal Hill Capital Group LLC are acting as co-managers.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.
See original article on scmagazineuk.com
Fortinet files for IPO
Unified threat management solution supplier Fortinet has filed a registration statement with the US Securities and Exchange Commission for a $US100 million initial public offering (IPO).
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
Partner Content
Cyber Engineering launches at ctrl:cyber with former Shelde founders
_(20).jpg&h=140&w=231&c=1&s=0)
Partner Content
Empowering Sustainability: Schneider Electric's Commitment to Driving Customer Success
_(22).jpg&h=140&w=231&c=1&s=0)
Partner Content
Private 5G powers data-driven mining
Partner Content
How small audio upgrades can enhance your hybrid work and improve business ROI
Sponsored Whitepapers
Fintech compliance made fast and secure
How to evaluate SIEM solutions Safeguarding your future Get a demo Download guide
2025 Security operations insights: Three-quarters of security leaders need something new in SIEM
_(26).jpg&w=100&c=1&s=0)
Sumo Logic named in the 2025 Gartner Critical Capabilities for Security Information and Event Management (SIEM)
The cloud tipping point
iTnews Executive Retreat - Security Leaders Edition
_(1).jpg&h=140&w=231&c=1&s=0)
