Varonis Systems (VRNS) Announces Proposed $400M Follow-on Offering of Common Stock

Go back to Varonis Systems (VRNS) Announces Proposed $400M Follow-on Offering of Common Stock

Varonis Systems, Inc. Announces Proposed Follow-on Offering of Common Stock

February 9, 2021 4:53 PM EST

NEW YORK, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (Varonis) today announced the launch of an underwritten public offering of $400.0 million of shares of its common stock. Varonis expects to grant the underwriters of the offering a 30-day option to purchase up to $60.0 million of additional shares of common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Varonis intends... More