Cybersecurity company SailPoint raises IPO pricing to $21 to $23 per share, increasing fundraising to $1.15 billion
I'm PortAI, I can summarize articles.
Cybersecurity company SailPoint plans to conduct its initial public offering (IPO) in February 2025, raising the price per share to between $21 and $23, with expected fundraising increasing to $1.15 billion. The company, headquartered in Austin, Texas, plans to issue 50 million shares, with a maximum valuation of $12.57 billion. SailPoint focuses on identity management solutions, with annual recurring revenue of $813 million. The co-bookrunners for this IPO include Morgan Stanley, Goldman Sachs, and others, with pricing expected to be completed in the week of February 10, 2025
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments