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).
Add iTnews as your trusted source
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
.jpg&h=140&w=231&c=1&s=0)
Partner Content
From data overload to decisive action – accelerating decisions with AI agents
iTnews State of Security Breakfast comes to Sydney
.jpg&h=140&w=231&c=1&s=0)
Partner Content
Who owns your brand’s AI reputation?
.jpg&h=140&w=231&c=1&s=0)
Promoted Content
Protecting the Human Operating System: How Technology Teams Can Perform Under Pressure in an Always-On World
SPONSORED RESOURCES
Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific
Strategies to Counter the Ransomware Threat in APJ
Craft your ideal hybrid multicloud strategy
Secure your AI future with generative AI defense
See how F5 protects modern applications against evolving threats
Cloud Resilience Summit
iTnews Benchmark Security Awards 2026
iTnews State of Security Breakfast Sydney
iTnews Executive Retreat - Security Leaders Edition - VIC
