TAMPA BAY, Fla., Aug. 16, 2021 (GLOBE NEWSWIRE) — KnowBe4, Inc. (“KnowBe4”) (Nasdaq: KNBE) today announced the closing of its previously announced underwritten public offering of 11,995,546 shares of its Class A common stock by certain selling stockholders at a price to the public of $20.75 per share, which includes the full exercise of the underwriters’ option to purchase 1,564,636 shares of KnowBe4’s Class A common stock from the selling stockholders. The offering was upsized from a previously announced offering size of 8,719,740 shares. KnowBe4 will not receive any proceeds from any sales of shares by the selling stockholders.
Morgan Stanley, Goldman Sachs & Co. LLC, BofA Securities and KKR Capital Markets, LLC acted as lead bookrunners for the offering. Citigroup acted as an additional bookrunner for the offering. Canaccord Genuity, Cowen, Needham & Company, Piper Sandler and Truist Securities acted as co-managers for the offering.
About KnowBe4
KnowBe4 is the leading provider of “new-school” security awareness training and simulated phishing platform. Our mission is to enable your employees to make smarter security decisions, every day. Through our subscription-based services, your organization will have access to the leading security awareness training platform.
