Carbon Black Announces Pricing of Initial Public Offering

5/3/18

WALTHAM, Mass., May 03, 2018 (GLOBE NEWSWIRE) -- Carbon Black, a leader in next-generation endpoint security, today announced the pricing of its initial public offering of 8 million shares of its common stock at a price to the public of $19.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on May 4, 2018 under the symbol “CBLK.” The offering is expected to close on May 8, 2018, subject to customary closing conditions.

Carbon Black has granted the underwriters a 30-day option to purchase up to 1.2 million additional shares of common stock.

Morgan Stanley and J.P. Morgan are acting as joint book-running managers for the proposed offering. KeyBanc Capital Markets, William Blair, Raymond James and Cowen are acting as co-managers.

About Carbon Black

Carbon Black is a leading provider of next-generation endpoint security. Carbon Black serves more than 3,700 customers globally, including 33 of the Fortune 100. As a cybersecurity innovator, Carbon Black has pioneered multiple endpoint security categories, including application control, endpoint detection and response (EDR), and next-generation antivirus (NGAV). Leveraging its big data and analytics cloud platform – the Cb Predictive Security Cloud – Carbon Black solutions enable customers to defend against the most advanced cyber threats, including malware, ransomware, and non-malware attacks. Deployed via the cloud, on premise, or as a managed service, customers use Carbon Black solutions to lock down critical systems, hunt threats, and replace legacy antivirus.

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