On September 20, 2021, ForgeRock, Inc., a global leader in digital identity, closed its initial public offering of 12,650,000 shares of its Class A common stock at a public offering price of $25.00 per share, which included the full exercise by the underwriters of their option to purchase an additional 1,650,000 shares. Aggregate gross proceeds to ForgeRock were approximately $316 million, before underwriting discounts, commissions, and estimated offering expenses. ForgeRock’s Class A common stock is listed on the New York Stock Exchange under the ticker symbol “FORG.” Wilson Sonsini represented ForgeRock in the offering.

Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC acted as lead book-running managers for the offering. Deutsche Bank Securities, Mizuho Securities, and HSBC acted as joint book-running managers for the offering. BTIG, Cowen, Piper Sandler, Truist Securities, and William Blair acted as co-managers for the offering.

The Wilson Sonsini team that represented ForgeRock in the transaction includes corporate partners Rezwan Pavri, Richard Blake, and Lang Liu; corporate associates Lester Ang, Annie Kim, Courtney Matteson, and Josh Sedgwick; and employee benefits and compensation partner Sriram Krishnamurthy and associate Matthew Norgard.

For more information, please see ForgeRock’s press release​.