initial public offerings (IPOs) trading on American exchanges

Thursday, April 28, 2022

McAfee (MCFE)

McAfee Corp. (Nasdaq: MCFE) went public on the NASDAQ in October 2020, raising $740 million in its IPO with a valuation of about $8.6 billion. The stock traded publicly until March 1, 2022, when McAfee was acquired by an investor group led by Advent International, including Permira, Crosspoint Capital, Canada Pension Plan Investment Board, GIC Private Limited, and Abu Dhabi Investment Authority, in a $14 billion all-cash deal at $26 per share.  

As a result of this acquisition, McAfee was taken private, and its shares were delisted from the NASDAQ, meaning MCFE is no longer publicly traded. The last recorded trade was on April 28, 2022, with a share price of $25.99 as of March 10, 2022, and a market capitalization of approximately $4.9 billion.

No comments:

Post a Comment