Cybersecurity Firm McAfee Files for IPO

Cybersecurity giant McAfee is set to become a public company once again.

In a Form S-1 filing with the U.S. Securities and Exchange Commission on Monday, McAfee applied to list its Class A common stock on the Nasdaq Stock Market under the ticker symbol “MCFE.”

The Santa Jose, California-based 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 says in a statement.

Read full article on BankInfoSecurity.com


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