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Cybersecurity provider Netskope boosts IPO range as it tests tech hotstreak
CNBC·2025-09-17 01:32

Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California.Netskope is targeting a 7.3billionvaluationinitsupcominginitialpublicoffering,afterliftingitsplannedpricerange.Thecybersecuritycompanysaiditplanstosell47.8millionsharesatbetween7.3 billion valuation in its upcoming initial public offering, after lifting its planned price range.The cybersecurity company said it plans to sell 47.8 million shares at between 17 and 19apiece.Thedealwouldraiseasmuchas19 apiece. The deal would raise as much as 908 million at the top end.That's up from a previous range of 15to15 to 17 a share the company revealed in ...