Ping Identity Holding Corp.

Ping Identity Holding Corp. (PING) priced its initial public offering on Sep 20, 2019 at $15.00 per share, raising $187.5M, and listed on NYSE. At the IPO price its market capitalization was about $1.16B. Goldman Sachs was lead-left underwriter, joined by RBC Capital Markets, Citigroup and Barclays and others. Kirkland & Ellis advised the company and Cooley advised the underwriters.

Ping Identity Holding Corp. provides an Intelligent Identity Platform that enables secure access to services, applications and APIs from any device. The platform can use artificial intelligence to make authentication decisions in real time, and deploys across cloud, hybrid and on-premise infrastructures.

Status

IPO

Ticker

PING

Exchange

NYSE

Priced

Sep 20, 2019

IPO price

$15.00

Raised

$187.5M

Market cap at IPO price

$1.16B

First filed

Aug 23, 2019

Underwriters

Goldman Sachs, RBC Capital Markets, Citigroup, Barclays, Credit Suisse, Deutsche Bank, Wells Fargo, Raymond James, Stifel, William Blair, Mizuho and Oppenheimer

Company counsel

Kirkland & Ellis

Underwriters' counsel

Cooley

Sector

Technology

Country / state

CO

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.