August 4, 2020
Willkie represented Insight Partners in connection with its secondary offering of 9,200,000 shares of its common stock of Tenable Holdings at a price of $31.95 per share.
On July 30, Tenable (Nasdaq: TENB), the Cyber Exposure company, announced the pricing of an underwritten public offering of 9,200,000 shares of its common stock by certain existing stockholders of Tenable at a price to the public of $31.95 per share. Willkie represented affiliates of Insight Partners, the selling stockholders in the offering, which closed on August 4, 2020. J.P. Morgan, Morgan Stanley and Barclays acted as joint book-running managers for the offering.
Tenable is the Cyber Exposure company. Over 30,000 organizations around the globe rely on Tenable to understand and reduce cyber risk. As the creator of Nessus, Tenable extended its expertise in vulnerabilities to deliver the world’s first platform to see and secure any digital asset on any computing platform. Tenable customers include more than 50 percent of the Fortune 500, more than 30 percent of the Global 2000, and large government agencies.
Willkie previously advised Insight in connection with a $250 million funding round for Tenable, one of the largest completed for a private security company.
The transaction was handled by partners Jeffrey Hochman and Matthew Haddad and associate Matthew Gibson.
