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BOULDER, Colo. - Gloo Holdings, Inc. announced Monday that underwriters have partially exercised their option to purchase additional shares following the company’s initial public offering (IPO) that closed on November 20, 2025. The stock has shown impressive momentum, with InvestingPro data showing a 15.12% return in just the past week, currently trading at $9.21 – well above its $8.00 IPO price.
The underwriters purchased an additional 684,688 shares of Class A common stock at the public offering price of $8.00 per share, less underwriting discounts and commissions. This follows Gloo’s previously announced IPO of 9,100,000 shares of Class A common stock. With this additional share purchase, the company has strengthened its market position, now commanding a market capitalization of approximately $747 million according to InvestingPro data.
Roth Capital Partners served as the sole book-running manager for the offering, while The Benchmark Company, Craig-Hallum Capital Group, Lake Street Capital Markets, Loop Capital Markets, and Texas Capital Securities acted as co-managers.
The company’s registration statement for these securities became effective on November 18, 2025, according to the press release.
Gloo describes itself as a technology platform for the faith and flourishing ecosystem, providing AI, resources, insights and funding to religious organizations. The company is based in Boulder, Colorado.
The announcement comes just days after Gloo completed its initial public offering last week. The company did not disclose how the additional capital would be used.
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