SentinelOne Files with SEC To Go Public
June 4, 2021
SentinelOne an autonomous cybersecurity platform company has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. SentinelOne has applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol “S.”
In the quarter ending April 30,
revenue surged 108% year over year to $37.4 million. But, net losses
increased from $26.6 million to $62.6 million.
Morgan Stanley and Goldman Sachs & Co. LLC will act as lead book-running
managers and representatives of the underwriters for the proposed
offering. BofA Securities, Barclays Capital Inc., and Wells Fargo
Securities will act as active book-running managers for the proposed
offering. UBS Investment Bank, Jefferies LLC, and Deutsche Bank
Securities Inc. will act as passive book-running managers for the
proposed offering. Piper Sandler, BTIG, Cowen, Needham & Company, LLC,
Loop Capital Markets LLC, Drexel Hamilton, and R. Seelaus & Co., LLC
will act as co-managers for the proposed offering.