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ForeScout Technologies prices upsized IPO at $22, the high end of the range

October 26, 2017
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ForeScout Technologies, which provides enterprise security software for network access control, raised $116 million in an upsized IPO by offering 5.3 million shares at $22, the high end of the range of $20 to $22. It originally planned to offer 4.8 million shares. ForeScout Technologies plans to list on the Nasdaq under the symbol FSCT. Morgan Stanley, J.P. Morgan, Citi, BofA Merrill Lynch and UBS Investment Bank acted as lead managers on the deal.