---
title: "Gloo closes 7,000,000-share follow-on offering at $3.25 per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292663983.md"
description: "Gloo Holdings Inc. closed an underwritten public offering of 7,000,000 Class A common shares at $3.25 per share, generating gross proceeds of USD 22.75 million. The underwriters hold a 30-day option to purchase an additional 1,050,000 shares, which would increase gross proceeds to approximately USD 26.16 million. Net proceeds are designated for general corporate purposes, including acquisitions and working capital. Board members and affiliated entities, such as Scott Beck and Pat Gelsinger, purchased approximately USD 6 million worth of shares in the transaction."
datetime: "2026-07-14T18:31:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292663983.md)
  - [en](https://longbridge.com/en/news/292663983.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292663983.md)
---

# Gloo closes 7,000,000-share follow-on offering at $3.25 per share

-   Gloo closed an underwritten public offering of 7,000,000 Class A common shares at USD 3.25 each. \* Gross proceeds totaled USD 22.75 million; underwriters hold a 30-day option for 1,050,000 additional shares, lifting gross to about USD 26.16 million. \* Net proceeds earmarked for general corporate purposes, including acquisitions, investments, working capital, operating expenses, capital expenditures. \* Board members and affiliated entities, including Scott Beck and Pat Gelsinger, purchased about USD 6 million of shares in the deal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gloo Holdings Inc. published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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