SentinelOne (“SentinelOne”) officially became a publicly-traded company on the New York Stock Exchange under the ticker symbol “S”. This marks an exciting new chapter in the XDR market leader’s journey and positions the company for continued growth and long-term success.
On June 30th 2021, the cybersecurity firm announced the pricing of its initial public offering of 35,000,000 shares of its Class A common stock at a public offering price of $35.00 per share. The shares have begun trading on the New York Stock Exchange on June 30, 2021, under the ticker symbol “S.” The offering is expected to close on July 2, 2021, subject to the satisfaction of customary closing conditions. Experts have called this IPO the highest-valued cybersecurity ever.
This IPO is a validation of the innovation and investment SentinelOne has made to pioneer the use of behavioural AI and harness the power of data to help customers autonomously prevent and remediate attacks, lessening the load for humans and providing capabilities not possible from other cybersecurity products on the market.
Tomer Weingarten, the CEO and Co-founder of SentinelOne, said “As we embark on this new journey, I want to make a commitment to our customers, employees and partners that our core values will not change. We will stay true to the core tenets that guide us in serving our customers and protecting the world’s most important data and infrastructure.”