Gloo Announces Partial Exercise of Underwriters' Option to Purchase Additional Shares

Rhea-AI Summary

Gloo Holdings (GLOO) announced that after its initial public offering closed on November 20, 2025, the underwriters partially exercised their option to buy 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.

The offering originally comprised 9,100,000 shares; a registration statement became effective on November 18, 2025. Roth Capital Partners served as sole book-running manager, with five co-managers named. Copies of the final prospectus are available from Roth Capital Partners.

Positive

• Underwriters exercised an extra 684,688 shares
• Additional gross proceeds of approximately $5.48M at $8.00/share
• Registration effective on November 18, 2025

Negative

• Issuance of 684,688 shares increases outstanding share count and dilutes existing holders
• Net proceeds reduced by underwriting discounts and commissions

BOULDER, Colo., Nov. 24, 2025 /PRNewswire/ -- Gloo Holdings, Inc., a technology platform serving the faith and flourishing ecosystem, today announced that in connection with the previously announced initial public offering of 9,100,000 shares of its Class A common stock, which closed on November 20, 2025, the underwriters have exercised in part their option to purchase 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.

Roth Capital Partners acted as the sole book-running manager for the offering. The Benchmark Company, Craig-Hallum Capital Group, Lake Street Capital Markets, Loop Capital Markets, and Texas Capital Securities acted as co-managers for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and became effective on November 18, 2025. The offering was made only by means of a prospectus. Copies of the final prospectus relating to this offering may be obtained by contacting: Roth Capital Partners, Attn: 888 San Clemente Drive, Newport Beach, CA 92660, (800) 678-9147.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Gloo
Gloo is a leading technology platform for the faith and flourishing ecosystem, providing values-based AI, resources, insights and funding so people and communities flourish and organizations thrive. Gloo serves over 140,000 faith, ministry and nonprofit leaders and is based in Boulder, Colorado.

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SOURCE Gloo

FAQ

How many additional GLOO shares did underwriters purchase on November 24, 2025?

Underwriters exercised an option to purchase 684,688 additional Class A shares.

What price did underwriters pay for the additional GLOO shares?

The additional shares were purchased at the public offering price of $8.00 per share, less underwriting discounts and commissions.

When did GLOO's registration statement for the offering become effective?

The registration statement became effective on November 18, 2025.

How many shares were in GLOO's initial public offering that closed November 20, 2025?

The IPO originally comprised 9,100,000 shares of Class A common stock.

Who acted as book-running manager for GLOO's offering?

Roth Capital Partners served as the sole book-running manager.

How can investors obtain GLOO's final prospectus for the offering?

Investors may request the final prospectus from Roth Capital Partners at their Newport Beach office or by contacting the firm.