ForeScout Technologies IPO

10/27/2017

IPO

$116,600,000

The principal purposes of this offering are to increase our capitalization and financial flexibility, create a public market for our stock, thereby enabling access to the public equity markets by our employees and stockholders, obtain additional capital, and increase our visibility in the marketplace. We intend to use the net proceeds received from this offering primarily for general corporate purposes, including headcount expansion, working capital, sales and marketing activities, product development, general and administrative matters, and capital expenditures. We may use a portion of the net proceeds to fully repay our term loan under our credit facility (including related prepayment penalties, accrued interest, and related fee payments). The term loan, which we entered into for working capital purposes, has an interest rate of 3.25%, matures on December 1, 2020, and had an outstanding balance of $26.3 million as of June 30, 2017. Concurrent with the final payment of our term loan,

Acquired or Merged

Security

190 West Tasman Dr.
San Jose, CA 95134
USA

ForeScout is the world's leading provider of network access control (NAC) and policy compliance solutions. Easy to deploy. Complete network security and endpoint policy management.