💨 Abstract

Cybersecurity firm SailPoint seeks a valuation of up to $12.57 billion in its U.S. IPO, marking the year's first major test of tech stock investor appetite. The company, based in Austin, Texas, is selling 50 million shares, priced between $21 and $23 each to raise up to $1.15 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖