Gloo Announces Pricing of Public Offering of Class A Common Stock
Gloo Holdings, Inc. (Nasdaq: GLOO), a leading technology platform for the faith and flourishing ecosystem, today announced the pricing of its previously announced underwritten public offering of 7,000,000 shares of its Class A common stock at a public offering price of $3.25 per share. The total gross proceeds are expected to be approximately $22.75 million, before deducting the underwriting discounts and commissions and estimated offering expenses. In addition, Gloo has granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Class A common stock at the public offering price, which, if exercised, would result in total gross proceeds of approximately $26.16 million, less underwriting discounts and commissions. The offering is expected to close on July 10, 2026, subject to customary closing conditions.
Gloo intends to use the net proceeds from the offering for general corporate purposes, including acquisitions and investments in businesses, products, services or technologies, working capital, operating expenses and capital expenditures.
Citizens Capital Markets is acting as lead book-running manager for the offering and Roth Capital Partners is acting as book-running manager for the offering. Benchmark, a StoneX Company, and Loop Capital Markets are acting as co-managers for the offering.
