Gloo Shares Drop Premarket After Stock Offering Prices

Dow Jones

Jul 09

Gloo's shares slumped ahead of the opening bell after the technology platform's roughly $22.8 million equity raising priced.

In premarket trading, the shares were 16% lower at $3.35. As of Wednesday's close, the stock had retreated 30% so far this year.

Gloo late Wednesday said its offering of 7 million class A shares would be priced at $3.25 apiece. The underwriters have a 30-day option to buy an additional 1.05 million shares at the same price, which would mean total gross proceeds of about $26.2 million.

The Boulder, Colo., based company said it plans to, among other things, use the net proceeds for acquisitions and investments in businesses, products, services or technologies.

Gloo, which serves faith, ministry, and nonprofit organizations, said Scott Beck, Pat Gelsinger, and certain other members of the company's board and their affiliated entities intend to buy at least $6 million in shares at the public offering price.

The offering is expected to close Friday. Citizens Capital Markets is acting as lead book-running manager for the offering and Roth Capital Partners is acting as book-running manager.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

July 09, 2026 07:33 ET (11:33 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Citizens Capital Markets is acting as lead book-running manager for the offering and Roth Capital Partners is acting as book-running manager. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Robb M. Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 09, 2026 07:33 ET (11:33 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLOO","symbol_name":"Gloo Holdings, Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2650319929","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2650319929","pubTimestamp":1783596780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Gloo's shares slumped ahead of the opening bell after the technology platform's roughly $22.8 million equity raising priced.In premarket trading, the shares were 16% lower at $3.35. As of Wednesday's close, the stock had retreated 30% so far this year.Gloo late Wednesday said its offering of 7 million class A shares would be priced at $3.25 apiece. The underwriters have a 30-day option to buy an additional 1.05 million shares at the same price, which would mean total gross proceeds of about $26.2 million.The Boulder, Colo., based company said it plans to, among other things, use the net proceeds for acquisitions and investments in businesses, products, services or technologies.Gloo, which serves faith, ministry, and nonprofit organizations, said Scott Beck, Pat Gelsinger, and certain other members of the company's board and their affiliated entities intend to buy at least $6 million in shares at the public offering price.The offering is expected to close Friday. Citizens Capital Market","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLOO":"Gloo Holdings, Inc.","BK4023":"应用软件"},"translate_title":"Gloo股价在股票发行价后盘前下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLOO":0.9},"content_text":"Gloo's shares slumped ahead of the opening bell after the technology platform's roughly $22.8 million equity raising priced. \n\n\n  In premarket trading, the shares were 16% lower at $3.35. As of Wednesday's close, the stock had retreated 30% so far this year. \n\n\n  Gloo late Wednesday said its offering of 7 million class A shares would be priced at $3.25 apiece. 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