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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.