Reported 1 day ago
Gloo Holdings, a Colorado-based tech firm focused on providing tools for religious organizations, is targeting a valuation of up to $873.4 million in its U.S. IPO. With former Intel CEO Pat Gelsinger recently appointed as tech head, Gloo plans to raise approximately $109.2 million by offering 9.1 million shares priced between $10 and $12. The IPO comes amid a rebound in the U.S. market after a slowdown, despite temporary setbacks due to government shutdowns.
Source: YAHOO