Cybersecurity company SailPoint Technologies ( ) is set to begin trading on the Nasdaq ( ) on Thursday after pricing its IPO ( Initial Public Offering ) at$ 23 per share, raising$ 1.38 billion.
SailPoint, acquired by Thoma Bravo in 2014 and originally listed on the New York Stock Exchange from 2018 to 2022, then shifts focus toward technology with artificial intelligence-driven service.
Investors are excited to see if SailPoint’s efficiency will spur potential Offering activity in 2025 as a result of the improving IPO market. After this morning, SailPoint CEO Mark McClain may speak with Yahoo Finance Executive Editor about the company’s public offering.
Watch the video above to learn and discuss SailPoint’s Investor.
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Josh Lynch wrote this post.