Welcome to our dedicated page for Sprinklr news (Ticker: CXM), a resource for investors and traders seeking the latest updates and insights on Sprinklr stock.
Sprinklr, Inc. reports developments around its AI-native Unified Customer Experience Management platform for enterprise customer-facing teams. News commonly covers product releases for AI agents, copilots, customer feedback, Voice of the Customer, marketing automation, service intelligence, social media management, advertising, and omnichannel contact center workflows.
Company updates also include strategic partnerships and integrations that connect creator, paid, owned, and organic social channels; industry recognition for customer experience and AI products; and quarterly earnings releases centered on total revenue, subscription revenue, margins, and cash flow.
Sprinklr announced the pricing of its initial public offering (IPO) at $16.00 per share for 16,625,000 shares. The shares will begin trading on the New York Stock Exchange under the symbol CXM on June 23, 2021, with the offering closing on June 25, 2021, pending customary conditions. Notably, existing stockholders, including its CEO and entities associated with Hellman & Friedman, will acquire 3,125,000 shares. The offering includes a 30-day option for underwriters to purchase an additional 1,662,500 shares.
Sprinklr has filed a registration statement on Form S-1 with the SEC for a proposed initial public offering of its Class A common stock, which will trade under the ticker symbol CXM on the NYSE. The number of shares and price range have not been determined. Major financial institutions including Morgan Stanley, J.P. Morgan, and Citigroup will manage the offering. The registration statement is pending effectiveness, and shares cannot be sold until it is effective. This announcement is purely informational and does not constitute an offer to sell securities.