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Cybersecurity Firm McAfee Files for IPO

McAfee applied to list its Class A common stock on the Nasdaq Stock Market under the ticker symbol MCFE The antivirus firm plans to issue $100 million in shares, although this figure is a placeholder and may be updated later. The number of shares to be offered and the price range for the proposed offering have not yet been determined. McAfee is owned by the private equity firms TPG and Thoma Bravo and chipmaker Intel. The company reported net revenue of $2.6 billion for 2019 and a $236 million net loss.”]

Source: https://www.cuinfosecurity.com/cybersecurity-firm-mcafee-files-for-ipo-a-15076

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