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IPO Report: CrowdStrike IPO: 5 things to know about the cybersecurity unicorn

CrowdStrike Holdings Inc. filed for its long-awaited initial public offering Tuesday, joining a surge of 2019 tech IPOs by companies that have commanded huge valuations from private investors but have largely lacked cybersecurity offerings.

The Sunnyvale, Calif.-based cybersecurity company said in a filing with the Securities and Exchange Commission that it plans to raise up to $100 million, but that figure is usually used as a placeholder and is subject to change. CrowdStrike plans to list under the ticker “CRWD” on the Nasdaq exchange, with Goldman Sachs, J.P. Morgan, Bank of America Merrill Lynch and Barclays listed among the underwriters.

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