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home / news releases / KNBE - KnowBe4 jumps 29% after Vista Equity offers $24/share in takeover

KNBE - KnowBe4 jumps 29% after Vista Equity offers $24/share in takeover

KnowBe4 Inc.

  • KnowBe4 ( NASDAQ: KNBE ) surged 29% after private equity firm Vista Equity offered to purchase the cybersecurity firm for $24/share.
  • In response to an inquiry from Vista, the board of directors of KnowBe4 ( KNBE ) formed a special committee, comprised solely of independent directors to engage with Vista, according to an 8-K filing , The special committee will review the offer and determine if its in the best interest of shareholders.
  • The $24/share offer represents a 39% premium to KnowBe4's ( KNBE ) closing price on Friday. KnowBe4 has a market cap of $3.04 billion.
  • Developing story ...

For further details see:

KnowBe4 jumps 29% after Vista Equity offers $24/share in takeover
Stock Information
Company Name: KnowBe4 Inc.
Stock Symbol: KNBE
Market: NASDAQ
Website: knowbe4.com
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