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Stock impact report

Israel cyber firm Claroty eyes 2025 US IPO at $3.5 bln value, report says [Yahoo! Finance]

Rockwell Automation, Inc. (ROK) 
Last rockwell automation, inc. earnings: 4/28 07:02 am Check Earnings Report
Company Research Source: Yahoo! Finance
in 2025 at a valuation of $3.5 billion, the Calcalist financial daily reported on Tuesday. Calcalist, without citing sources, said Claroty was currently valued at $2.5 billion and meeting with underwriters about an offering on Nasdaq or the New York Stock Exchange. In response, Claroty told Reuters that "the formal IPO process has not yet started, and a definitive timeline is still being formulated". Claroty was co-founded in 2014 by venture group Team 8 and Amir Zilberstein. It focuses on protecting critical infrastructure systems such as power grids, steel mills and oil refineries. Last month, Team8 managing partner Yuval Shachar told Reuters that Claroty would "hopefully be a big IPO" at some point soon, but added the IPO market "isn't great right now" and that a flotation might not even happen next year. "It's hard to tell but when the market for IPOs is back, we will be ready for it," he said. In March, Claroty raised $100 million in a private round to bring total fun Show less Read more
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