June 30, 2021
SentinelOne, Inc., an autonomous cybersecurity platform company, has 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 US$35.00 per share. The shares began 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. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 5,250,000 shares of Class A common stock from SentinelOne at the initial public offering price, less underwriting discounts and commissions.
Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by Bay Area partners Rick Kline and Brian Paulson, with Bay Area associates Tess Bloom, Zuzanna Gruca, and Meiran Yin. Advice was also provided on data privacy and security matters by Bay Area partner Michael Rubin and London partner Fiona Maclean, with Boston associates Deborah Hinck and Kiara Vaughn and London associate Jane Bentham; on intellectual property matters by Bay Area partner Michelle Gross, with Los Angeles associate Heather Lui; on tax matters by Bay Area partner Grace Lee, with Bay Area associate Derek Berry; on benefits and compensation matters by Bay Area partner Ashley Wagner; on export controls matters by Washington, D.C. partner Eric Volkman, with Washington, D.C. associate Allison Hugi; on litigation diligence matters by Bay Area partners Matt Rawlinson and Doug Lumish; and on FINRA matters by New York corporate attorney Marta Talarek.