Gloo Prices IPO at $8, Plans Nasdaq Listing Under "GLOO"
The deal priced below the marketed range, below the $10 to $12 per share that was circulated.
Overview
- Gloo sold 9,100,000 Class A shares at $8.00 each and granted underwriters a 30-day option to buy up to 1,365,000 additional shares.
- The company said trading is expected on the Nasdaq Global Select Market under the symbol GLOO, with the offering slated to close on November 20, 2025.
- The IPO raised about $72.8 million and implies a reported valuation of roughly $582 million, according to Channel NewsAsia.
- Roth Capital Partners is the sole book-running manager, joined by co-managers The Benchmark Company, Craig-Hallum Capital Group, Lake Street Capital Markets, Loop Capital Markets, and Texas Capital Securities.
- Boulder-based Gloo serves more than 140,000 faith, ministry and nonprofit leaders on a values-aligned technology platform that includes AI tools.