Reported about 18 hours ago
Cybersecurity company SailPoint successfully executed its IPO, pricing shares at $23 and raising $1.38 billion, marking a significant return to the stock market after going private two years ago. Based in Austin, Texas, SailPoint sold 60 million shares, achieving a valuation of $12.6 billion. This IPO signals a potential resurgence in market activity as firms prepare for a busy season beginning in March.
Source: YAHOO