Overview

• The cybersecurity firm sold 47.8 million shares at $19 each to raise $908.2 million and began trading on Nasdaq under the ticker NTSK.
• Shares closed their debut up 18% at $22.49 after touching $24.40 intraday, then climbed again Friday to around $24 in midday trading.
• IPO pricing implied a market value near $7.3 billion, which rose to roughly $8.6 billion after the first session’s gains.
• H1 2025 results showed revenue of about $328.5 million and a narrowed net loss near $169.5–$170 million, with ARR reported at roughly $707 million.
• SEC filings list Lightspeed with about 19.2% voting power post‑IPO, Iconiq at 19.1%, and Accel at 8.8%, while Morgan Stanley and JPMorgan led the offering.