SailPoint Soars on Nasdaq with $1.38B IPO

Reported about 7 hours ago

SailPoint Technologies is set to trade on Nasdaq after pricing its IPO at $23 per share, raising $1.38 billion. The cybersecurity firm, previously listed on the NYSE and acquired by Thoma Bravo in 2014, is now focusing on AI-driven technology. With an improving IPO market, there is anticipation around SailPoint's performance and its potential to influence future IPO activities in 2025.

Source: YAHOO

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