💨 Abstract

SailPoint, a cybersecurity firm specializing in identity and access management software, is seeking a valuation of up to $12.57 billion in its U.S. IPO, signaling strong demand for tech stocks. The Austin, Texas-based company plans to sell 50 million shares, priced between $21 and $23 each, to raise up to $1.15 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖