Seeking Alpha

adspatz's  Instablog

adspatz
Send Message
Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
My company:
SEC Live
  • FireEye To Raise $196M In IPO 0 comments
    Sep 10, 2013 9:44 AM | about stocks: SYMC, INTC

    Originally published at www.seclive.com

    FireEye Inc., an anti-malware software company, has filed for an IPO that could raise as much as $196M. The company, which is led by former McAfee executive David DeWalt, helps other businesses take protective measures against malicious software. FireEye intends to offer 14 million shares priced between $12.00 and $14.00 per share, which would result in as much as $196M if priced at the high end. The company has successfully developed software to stop malware that has gotten past very reputable companies like Symantec's (NASDAQ:SYMC) Norton and its competitor McAfee. DeWalt, who crafted the McAfee sale to Intel (NASDAQ:INTC) in 2011 for $7.7B, has stated he is currently focused on the company's growth rather than profitability. Proceeds from the offering would be used for working capital. Joint bookrunners to the offering are Barclays, JPMorgan, Morgan Stanley, and Goldman Sachs.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: IPO Stocks: SYMC, INTC
Back To adspatz's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.