SecureWorks Plans to Conduct Registered Initial Public Offering of Class A Common Stock
SecureWorks Corp. announced today that it plans to conduct a registered initial public offering of its Class A common stock. Subject to market and other conditions, the offering is expected to commence after the Securities and Exchange Commission completes the review process previously initiated by the confidential submission by SecureWorks of its registration statement on Form S-1 relating to the proposed offering. The number of shares to be offered and the price range for the offering have not yet been determined. SecureWorks intends to use the proceeds from the offering for working capital and other general corporate purposes.
This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933, as amended. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
About Dell SecureWorks
Dell SecureWorks provides an early warning system for evolving cyber threats, enabling organizations to prevent, detect, rapidly respond to and predict cyberattacks. Combining unparalleled visibility into the global threat landscape and powered by the Counter Threat Platform – our advanced data analytics and insights engine – Dell SecureWorks minimizes risk and delivers actionable, intelligence-driven security solutions for clients around the world.