#USA #Boulder #Class A Shares #Gloo #IPO

Gloo Holdings Launches Initial Public Offering Roadshow

Gloo Holdings, Inc., a prominent technology platform focused on serving the faith and flourishing ecosystem, has revealed that it is initiating its roadshow for a significant initial public offering (IPO). The company aims to offer 9,100,000 shares of its Class A common stock, providing a major opportunity for investors interested in technology platforms centered around community and faith-based initiatives.

The IPO is particularly noteworthy because it highlights Gloo's commitment to fostering community engagement through technology. Furthermore, the company anticipates granting underwriters the option to purchase an additional 1,365,000 shares of Class A common stock at the public offering price, which will be determined minus underwriting discounts and commissions. Speculations indicate that the anticipated offering price will fall between $10.00 and $12.00 per share, making it an attractive option for potential investors.

Gloo intends for its Class A common stock to be listed on the Nasdaq Global Select Market under the ticker symbol “GLOO.” With Roth Capital Partners designated as the sole book-running manager, Gloo is leveraging the expertise of several co-managers to ensure a successful launch. These co-managers include The Benchmark Company, Craig-Hallum Capital Group, Lake Street Capital Markets, Loop Capital Markets, and Texas Capital Securities, showcasing a robust backing from established financial institutions within the offering landscape.

The proposed offering is to be conducted exclusively through a prospectus. Interested parties will be able to obtain copies of the preliminary prospectus once they are available, which can be requested from Roth Capital Partners, LLC, located at 888 San Clemente, Suite 400, Newport Beach, CA 92660.

In the context of regulatory requirements, it is crucial to note that a registration statement related to these securities has been filed with the Securities and Exchange Commission (SEC); however, it has not yet been declared effective. Consequently, these securities cannot be sold, nor can offers to purchase be accepted until such declaration becomes effective. Furthermore, this announcement serves solely as informative material and does not constitute an offer to sell, nor does it solicit an offer to buy any securities before proper registration or qualification in compliance with the securities laws pertinent to any state or jurisdiction.

About Gloo

Gloo is recognized as a leading technology platform dedicated to the faith and flourishing ecosystem. Its mission revolves around providing AI resources, insights, and funding aimed at fostering the growth of individuals and communities, while also supporting organizations in their pursuit of excellence. With a substantial network boasting over 140,000 faith-based leaders, ministries, and nonprofit organizations, Gloo is headquartered in Boulder, Colorado, exemplifying its deep roots within community-centered initiatives.

As Gloo embarks on this significant IPO roadshow, many are looking forward to the potential impacts of this offering on the tech landscape and the faith community. Investors and stakeholders are eager to see how Gloo will navigate this pivotal moment in its growth and expansion, with hopes of it further driving its mission of empowering communities through innovative technology solutions.