Gloo Holdings 10% owner buys 923K shares at $3.25
Grace & Mercy Foundation, Inc., a more than ten percent owner of Gloo Holdings, Inc., bought 923,076 shares of Class A common stock on July 9, 2026 at $3.25 per share as part of a firm commitment underwritten public offering.
Rhea-AI Filing Summary
Grace & Mercy Foundation, Inc., a more than ten percent owner of Gloo Holdings, Inc., bought 923,076 shares of Class A common stock on July 9, 2026 at $3.25 per share as part of a firm commitment underwritten public offering. Following this purchase, the foundation directly holds 3,423,076 shares of Gloo Holdings’ Class A common stock.
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Filing Explained
The filing records a 923,076-share purchase in an offering that closed July 10, while leaving issuer-wide dilution and proceeds unquantified.
This Form 4 reports that the reporting person agreed on
The filing says the offering closed on
The disclosed structure is an underwritten offering, which the supplied definition describes as an investment bank buying securities from the issuer and reselling them; underwriting fees reduce net proceeds below gross proceeds.
The table records transaction code P for the 923,076-share acquisition, and the supplied Form 4 definition identifies P as an open-market purchase.
This Form 4 does not state the offering's total shares, use of proceeds, or gross or net proceeds, so it cannot size issuer-wide dilution or cash raised for existing common holders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock, $0.001 par value per share F1 | 923,076 | $3.25 | $3.00M |
Footnotes (1)
- F1. On July 8, 2026, Gloo Holdings, Inc. (the "Issuer") entered into an underwriting agreement in connection with a firm commitment underwritten public offering (the "Offering"), which closed on July 10, 2026. On July 9, 2026, the Reporting Person agreed to purchase 923,076 shares of the Issuer's Class A common stock in the Offering at the public offering price of $3.25 per share.
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