Daniel Loeb-backed SentinelOne hikes IPO price range, to raise over $1 bln

  • 6/28/2021
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June 28 (Reuters) - Cybersecurity firm SentinelOne Inc, backed by billionaire investor Daniel Loeb’s hedge fund Third Point, has boosted the price range for its initial public offering and is now looking to raise about $1.02 billion, a regulatory filing showed on Monday. (Reporting by Sohini Podder in Bengaluru; Editing by Saumyadeb Chakrabarty) Our Standards: The Thomson Reuters Trust Principles.

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