SecureWorks (SCWX) IPO Opens Slightly Lower After Weak Pricing

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SecureWorks (Nasdaq: SCWX) to Ring The Nasdaq Stock Market Opening Bell in Celebration of IPO

April 22, 2016 6:00 AM UTC

ADVISORY, April 22, 2016 (GLOBE NEWSWIRE) --

What:  SecureWorks Corp. (Nasdaq: SCWX), a leading global provider of intelligence-driven information security solutions, will visit the Nasdaq MarketSite in Times Square to celebrate its initial public offering (IPO) on April 22, 2016. SecureWorks provides an early warning system for evolving cyber threats, enabling organizations to prevent, detect, rapidly respond to and predict cyberattacks.

In honor of the occasion, Michael R. Cote, President and Chief Executive Officer, will ring the Opening Bell. 

Where: Nasdaq MarketSite 4 Times Square 43rd & Broadway Broadcast... More

SecureWorks Prices Initial Public Offering

April 21, 2016 11:52 PM UTC

ATLANTA--(BUSINESS WIRE)-- SecureWorks Corp. (NASDAQ: SCWX), today announced the pricing of its initial public offering of 8,000,000 shares of its Class A common stock at a price to the public of $14.00 per share. In addition, SecureWorks has granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of Class A common stock. The shares are expected to begin trading on the NASDAQ Global Select Market on April 22, 2016 under the symbol "SCWX.

SecureWorks intends to use the net proceeds from the offering for working capital and other general corporate purposes, which may include... More