The Capital Markets team advised the underwriters in Netskope's initial public offering of 54,970,000 shares of its Class A common stock at a public offering price of $19.00 per share, including the full exercise by the underwriters of their option to purchase additional shares. The shares began trading on the Nasdaq Global Select Market on September 18, 2025 under the ticker symbol "NTSK." All shares in the offering, which closed on September 19, 2025, were sold by Netskope. Total net proceeds to Netskope were approximately $992.2 million, before estimated offering expenses.
Netskope, a leader in modern security and networking for the cloud and AI era, addresses the needs of both security and networking teams by providing optimized access and real-time, context-based security for people, devices, and data anywhere they go. Thousands of customers, including more than 30% of the Fortune 100, trust the Netskope One platform, its Zero Trust Engine, and its powerful NewEdge network to reduce risk and gain full visibility and control over cloud, AI, SaaS, web, and private applications—providing security and accelerating performance without trade-offs.
The Goodwin team was led by Brad Weber, Kim de Glossop, Griffin Drake, Harper Vincent, Daisy Ramos Garcia and Anastassia Gawronska Madani.
For more information about the deal, please read the press release and see coverage in Reuters.