Rubrik Announces $752 Million Upsized IPO

Palo Alto – April 29, 2024 – Cooley advised Rubrik, the Zero Trust Data Security Company delivering data security and operational resilience for enterprises, on its $752 million initial public offering. Rubrik issued and sold 23,500,000 shares of Class A common stock priced at $32 per share, with a 30-day option for the underwriters to purchase up to 3,525,000 additional shares of Class A common stock. Rubrik began trading on the New York Stock Exchange on April 25, 2024, under the ticker symbol RBRK.

Partners Jon Avina, Calise Cheng and Milson Yu led the Cooley team advising Rubrik.

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