A month after declaring its intention to go public, Clearwater cybersecurity training company KnowBe4, Inc. made its public offering on Thursday at $ 16 per share.

The company, which appears on the Nasdaq as KNBE, will offer 9.5 million shares, including 9 million shares in the company and 500,000 shares from select shareholders. At $ 16 per share, the offering known as an IPO would raise $ 152 million.

Subscribers to the offering have 30 days to purchase an additional 1.425 million shares at the same price. This would bring the total winnings to $ 174.8 million – which is practically the same as KnowBe4’s sales for 2020.

Krish Venkataraman, Co-President of KnowBe4, and Lars Letonoff rang the opening bell of Nasdaq on the occasion of the event on Thursday morning.

Founded in 2010, the company received $ 1 billion in equity funding two years ago. This makes it known in the technology world as the “unicorn”. Documents filed with the US Securities and Exchange earlier this month …



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