💨 Abstract

Cybersecurity firm SailPoint aims for a valuation of up to $11.5 billion in its New York IPO, as it returns to the US stock market after 2 years. SailPoint and parent Thoma Bravo will offer 47.5 million and 2.5 million shares, respectively, for a potential $1.05 billion raise.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖