** Shares of cybersecurity firm Rubrik RBRK.N, backed by Microsoft MSFT.O, up 0.1% premarket to $87.65 after capital raise
** Palo Alto, California-based Rubrik early Weds announced pricing offering of $1 bln 0% 5-yr convertible bonds
** Initial conversion price of $124.76 is 42.5% above stock's last close
** RBRK shares on Tues closed down 6% at $87.55 after co announced $1 bln offering to fully repay ~$328 mln of outstanding loans under its credit agreement, and for potential acquisitions or strategic investments, among other purposes
** Co expects to use $77 mln of proceeds to pay for capped calls to offset dilution; cap price is initially at $175.10, which represents 100% premium to last sale
** Through Tues, stock up 34% YTD
** Of 21 analysts covering RBRK, recommendation breakdown is 18 "strong buy" or "buy" and 3 "hold" ratings; median PT of $110 up from $80 a month ago - LSEG latest data
** Co IPOd in Apr 2024 at $32
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。