Wires

Palo Alto Networks files for secondary offer up to $225 mln

NEW YORK, Oct 5 (Reuters) - Palo Alto Networks Incsaid on Friday that it filed for a secondary share offeringworth up to $225 million to increase to increase the number ofshares it has on the market.

The security software company, which held its initial publicoffering in July, said that it will not receive any proceeds forthe sale as all the shares will be sold by existing companystockholders.

Palo Alto saw its shares fall $3.76 or almost 6 percent to$62 on New York Stock Exchange on Friday before it made thefiling.

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com; +1-646-223-6186))

Keywords: PALOALTO OFFERING/