McAfee Corp. Announces Pricing of Public Offering of Common Stock
09/09/2021 - 06:07 PM
SAN JOSE, Calif. --(BUSINESS WIRE)--
McAfee Corp. (“McAfee”) (NASDAQ: MCFE) today announced the pricing of its underwritten public offering of 20,000,000 shares of its Class A common stock to the public, with all shares being offered by certain selling stockholders (the “Selling Stockholders”) at a public offering price of $22.50 per share.
The offering is expected to close on September 14, 2021 , subject to the satisfaction of customary closing conditions.
The underwriters have a 30-day option to purchase up to an additional 3,000,000 shares from the Selling Stockholders at the public offering price, less underwriting discounts and commissions. McAfee will not receive any proceeds from any sale of shares being sold by the Selling Stockholders.
Morgan Stanley and Goldman Sachs & Co. LLC are acting as lead book-running managers and representatives of the underwriters for the offering. TPG Capital BD, LLC is also acting as lead book-running manager. BofA Securities , Citigroup, Deutsche Bank Securities , HSBC, Mizuho Securities , RBC Capital Markets , UBS Investment Bank and Barclays Capital Inc. are acting as joint bookrunners. Piper Sandler, Stifel, Academy Securities , Blaylock Van, LLC , C.L. King & Associates , Ramirez & Co., Inc. , and Siebert Williams Shank are acting as co-managers for the offering.
A registration statement on Form S-1 relating to these securities was declared effective by the Securities and Exchange Commission on September 9, 2021 .
This offering is being made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained, when available, from Morgan Stanley & Co. LLC , Attention: Prospectus Department, 180 Varick Street , 2nd Floor, New York, NY 10014 or Goldman Sachs & Co. LLC , Attention: Prospectus Department, 200 West Street , New York, New York 10282 or by telephone: 1-866-471-2526.
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About McAfee
McAfee is a global leader in online protection.
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Investor Relations:
Eduardo Fleites
investor@mcafee.com
Media Contact:
media@mcafee.com
Source: McAfee
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Industry
Data Processing, Hosting, and Related Services
Sector
Information
Tags
Technology Services, Information Technology Services, Packaged Software, Information, Data Processing, Hosting, and Related Services
About MCFE
McAfee Corp. is a leader in personal security for consumers. Focused on protecting people, not just devices, McAfee consumer solutions adapt to users’ needs in an always online world, empowering them to live securely through integrated, intuitive solutions that protects their families and communities with the right security at the right moment.
McAfee technologies’ features and benefits depend on system configuration and may require enabled hardware, software, or service activation. No computer system can be absolutely secure. McAfee® and the McAfee logo are trademarks of McAfee, LLC or its subsidiaries in the United States and other countries. Other marks and brands may be claimed as the property of others.