Monday 30 October 2017

ForeScout Technologies makes the visible invisible!

Wow! What about that, eh, dear reader(s)? I bet you weren't expecting that on a chilly Monday morning. I like the sound of these guys. 'Boss.' What, Voice? 'You've got it all wrong. Again.' I don't think I have, man. 'Yes, I think you have, man. ForeScout Technologies helps to make the invisible visible.' So they help. So what? 'The invisible visible.' No, no, no. The visible invisible. 'It's not that! They make the invisible visible. Help to make.' Visible, visible? Help, uh. Er ... well, how come you haven't gone to them then, my little disembodied voice? You invisible twat! 'I don't want anyone seeing me.' Ha! You're so full of shit! You really are

Okay. Let's do this, dear reader(s). It's a PR email.

SAN JOSE, CA - ForeScout Technologies, Inc. (NASDAQ: FSCT), a leading Internet of Things (IoT) security company, today announced the pricing of its initial public offering of 5,280,000 shares of its common stock at a price to the public of $22.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on October 27, 2017 under the symbol "FSCT." The offering is expected to close on October 31, 2017, subject to customary closing conditions.

Okay, okay. I'm a bit late with this. It's not my fault. They sent the email too late last week, but - 'It doesn't close until tomorrow, boss.' No, Voice. There's still time, everyone! Oh, by the way, the legal stuff, yeah? -

A registration statement relating to the offering has been filed with, and declared effective by, the United States Securities and Exchange Commission ("SEC"). Copies of the registration statement can be accessed through the SEC's website at www.sec.gov. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or jurisdiction.

Right. I'm glad we've got that out of the way. We don't want the SEC getting upset, do we? / Here's a bit more about the offering ... to the gods? 'Ha!' No. Don't be silly!

ForeScout has granted the underwriters a 30-day option to purchase up to 792,000 additional shares of common stock at the initial public offering price less underwriting discounts and commissions.

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, and Citigroup Global Markets Inc. are acting as lead book-running managers for the offering. BofA Merrill Lynch and UBS Securities LLC are also acting as book-running managers for the offering. KeyBanc Capital Markets Inc. is acting as a co-manager.


Okay, okay. That's all nice and everything, but let's clear up the confusion about ForeScout Technologies. 'There is no confusion.' There is! Look -

ForeScout Technologies, Inc. helps make the invisible visible. Our company provides Global 2000 enterprises and government agencies with agentless visibility and control of traditional and IoT devices the instant they connect to the network. Our technology integrates with disparate security tools to help organizations accelerate incident response, break down silos, automate workflows and optimize existing investments.

Well ... 'I told you!' Well, I'm actually none the wiser, me. Maybe it's amazing that they can make the invisible visible, I don't know. 'They help.' Oh, they "help", of course. But are we paying them just to help? That's the question. 'Er ...' I don't know. I'm not convinced at all. 'Christ!' Well, it all sounded so good in the beginning, didn't it? I regret starting this post now. 'You've got to write about something on a chilly Monday morning, boss.' That's true.

...

Anything else? Music? My music? [This is the very last update.] Well, I've got a great new tune (three minutes, needs lyrics). It will give me an eleven track album of forty-three minutes! 'Yippee!' Yeah.

Laters.