Dell Inc's cyber security unit SecureWorks Corp raised US$112 million ($151 million) in the first US initial public offering of a technology company in 2016, less than it had hoped for, amid investor skepticism over its profit margins and prospects.
SecureWorks priced 8 million shares on Thursday at US$14, missing its previously indicated US$15.50-US$17.50 range, according to a person familiar with the matter. The company was originally aiming to price 9 million shares.
The source asked not to be identified ahead of an official announcement. SecureWorks did not immediately respond to a request for comment.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
SecureWorks priced 8 million shares on Thursday at US$14, missing its previously indicated US$15.50-US$17.50 range, according to a person familiar with the matter. The company was originally aiming to price 9 million shares.
The source asked not to be identified ahead of an official announcement. SecureWorks did not immediately respond to a request for comment.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment