InvestorNewsBreaks – Gloo Holdings, Inc. (NASDAQ: GLOO) Closes $22.75 Million Public Offering
Gloo (NASDAQ: GLOO) announced the July 10 closing of its underwritten public offering of 7 million shares of Class A common stock at $3.25 per share, generating gross proceeds of $22.75 million before underwriting discounts, commissions and estimated offering expenses. The company granted underwriters a 30-day option to purchase up to an additional 1.05 million shares, which could increase total gross proceeds to approximately $26.16 million. Gloo said it intends to use the net…