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KKR-backed Cybersecurity firm KnowBe4 targets $3bn valuation for U.S. IPO: Reuters

Cybersecurity company KnowBe4 Inc, which is backed by KKR and Goldman Sachs, is targeting a $3 billion valuation for its U.S. IPO, reported Reuters.

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Cybersecurity company KnowBe4 Inc, which is backed by KKR and Goldman Sachs, is targeting a $3 billion valuation for its U.S. IPO, reported Reuters. The newswire noted that KnowBe4 is selling around 11.8 million of its shares at a price range between $16 and $18 each. The stock will list on the NASDAQ under the ticker symbol “KNBE,” according to the company’s SEC filing. Morgan Stanley, Goldman Sachs, BofA Securities and KKR are the lead underwriters for the offering.

Source: Reuters