Netskope One capabilities with Microsoft tools empower enterprise customers with flexible and enhanced data protection, threat prevention, and secure accessSANTA CLARA, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, today announced the general availability of enterprise security and AI integrations with Microsoft. The seamless integration of Netskope One capabilities with Microsoft tools delivers flexibility for modern ...

Group 1: IPO Activity Overview - Six companies went public last week, raising a total of $2.7 billion, along with two SPACs [1] - Ten companies filed for IPOs, with six SPACs also submitting initial applications [4][5] Group 2: Notable IPOs - Netskope (NTSK) priced its IPO at the upper end of its range, raising $908 million at a market cap of $9.08 billion, with a strong customer base but significant losses [1] - StubHub (STUB) raised $800 million at a market cap of $9.5 billion, facing legal challenges but with strong brand recognition [1] - WaterBridge (WBI) raised $634 million at a market cap of $2.4 billion, benefiting from long-term contracts despite being capital-intensive [2] - Pattern Group (PTRN) raised $300 million at a market cap of $2.6 billion, focusing on e-commerce acceleration but facing consumer and inflation risks [2] - ChowChow Cloud International (CHOW) raised $10 million at a market cap of $140 million, primarily operating in the Asia-Pacific region [3] - Platinum Analytics (PLTS) raised $8 million at a market cap of $71 million, targeting financial institutions in emerging markets [3] Group 3: SPAC Activity - Galata Acquisition II (LATAU) raised $150 million, while Chenghe Acquisition III (CHECU) raised $110 million, both targeting businesses in Asia [3] - Six SPACs filed for initial applications, with Silicon Valley Acquisition (SVAQU) seeking $200 million and K2 Capital Acquisition (KIIU) targeting robotics and nuclear energy [5][6] Group 4: Upcoming IPOs and Market Outlook - The IPO market is currently quiet, with no transactions scheduled for the upcoming week, although smaller issuers may still price [7] - Notable companies like Commercial Bancroup (CBK) and Phoenix Education (PXED) are expected to join the IPO schedule before the quarter ends [7]

Core Viewpoint - Netskope Inc. successfully raised $908.2 million in its IPO, pricing shares at $19 each, marking a significant return of tech IPOs driven by strong demand in the AI sector [1][2]. Company Summary - Netskope's IPO involved the sale of 47.8 million shares, achieving a market valuation of approximately $7.3 billion [1]. - The company reported revenue of $328.5 million for the six months ending July 31, with a net loss of $169.5 million, compared to $251.3 million in revenue and a net loss of $206.7 million in the same period last year [2]. - Netskope's platform, Netskope One, integrates AI models to help enterprise clients safeguard sensitive data and mitigate threats [2]. Industry Summary - The tech IPO market has seen a resurgence, with total IPO financing in the tech sector reaching $12 billion this year, an increase of nearly 80% compared to the same period last year [1]. - The strong performance of recent tech IPOs, including Netskope, reflects investor optimism despite concerns over tariffs and a weak labor market [1].

Group 1 - Netskope has increased the proposed transaction size for its upcoming IPO, planning to issue 47.8 million shares at a price range of $17 to $19 per share, raising $860 million [1] - The revised midpoint valuation range indicates that Netskope will raise 13% more funds than previously expected, with a fully diluted market capitalization reaching $8.5 billion, up from $6.5 billion [1] - For the six months ending July 31, Netskope reported a net loss of $169.5 million on revenues of $328.5 million, compared to a net loss of $206.7 million on revenues of $251.3 million in the same period last year [1] Group 2 - The company plans to list on NASDAQ under the ticker symbol NTSK, with a pricing expected during the week of September 15, 2025 [2] - A consortium of underwriters for the IPO includes major financial institutions such as Morgan Stanley, JPMorgan, and Deutsche Bank among others [2]

Company Overview - Netskope is preparing for its initial public offering (IPO) with a marketing range raised to seek up to $908.2 million, indicating strong demand and a robust outcome expected for the offering [2] - The company has reported an annual recurring revenue of $707 million as of July 31, reflecting a 33% year-over-year increase, positioning it favorably in the cybersecurity market [3] Industry Trends - The cybersecurity sector is experiencing increased spending, driven by a rise in cyberattacks, particularly those influenced by artificial intelligence, which is expected to outpace overall enterprise software spending [7] - Security-focused software stocks have shown resilience, outperforming the broader software sector, with an average decline of 10% in software stocks compared to a 5% gain in security-focused names [6] Product Offering - Netskope has developed a cloud-based platform called Netskope One, which utilizes AI models to enhance data security without compromising performance, capable of real-time monitoring and redirection of sensitive data entry [4] Market Context - The current software IPO volume is lower than the peak levels of 2021, but Netskope's niche in security software may provide it with a competitive advantage [5] - Recent M&A activity, such as Palo Alto Networks' $25 billion acquisition of CyberArk Software, highlights the industry's focus on AI security solutions [8]