ForgeRock $316 million IPO
Davis Polk advised the representatives of the several underwriters in connection with an initial public offering of 12,650,000 shares of Class A common stock of ForgeRock, Inc. at $25.00 per share (which includes the exercise in full by the underwriters of their option to purchase 1,650,000 additional shares), for gross proceeds of $316 million. ForgeRock’s Class A common stock is listed on the New York Stock Exchange under the symbol “FORG.”
ForgeRock, a global leader in digital identity, delivers modern identity and access management solutions for consumers, employees and things to simply and safely access the connected world.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Beth LeBow and Michael Kostukovsky. Partner Matthew J. Bacal and associate Chelsea Renter provided intellectual property advice. Partner Adam Kaminsky and associate Charlotte R. Fabiani provided executive compensation advice. Counsel Marcie A. Goldstein provided FINRA advice. Counsel Sarah E. Kim and associate Alisan Oliver-Li provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.