The Samsung and Qualcomm-backed cybersecurity technology producer added over $180m to a $1.22bn offering last week.
SentinelOne, a US-headquartered cybersecurity software provider that counts semiconductor technology manufacturer Qualcomm and consumer electronics producer Samsung as investors, closed its initial public offering at over $1.4bn yesterday.
The company issued 35 million shares in an upsized offering on the New York Stock Exchange last week, priced at $35.00 each. They closed at $49.50 yesterday to give it a market capitalisation of about $12.8bn, the underwriters having bought a further 5.25 million.
Founded in 2013, SentinelOne has developed…
