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Cybersecurity Firm SailPoint Aims for $11.5B IPO—What You Need To Know | Global News Avenue

Cybersecurity Firm SailPoint Aims for $11.5B IPO—What You Need To Know

Key points

  • According to reports, the goal of network security company Sailpoint is up to $ 11.5 billion in IPO valuations.
  • It is reported that Sailpoint and his parents Thoma Bravo plans to provide stocks with a price of 50 million shares between $ 19 and 21, which will raise $ 1.05 billion in high -end.
  • IPO will be the first large -scale technology product of that year, and after public release in Smithfield Food last week in 2025, an early test was conducted in 2025.

Sailpoint is a network security company headquartered in Texas, with a target of up to $ 11.5 billion First public fundraising (IPO)Essence

Sailing and it Private equity Parent, Thoma Bravo, said on Tuesday that they plan to provide companies with a price of 50 million US dollars between $ 19 and 21, which will raise US $ 1.05 billion in high -end high -end Valuation About 11.5 billion US dollars, Reuters Report Tuesday. The company plans Nasdaq Under the “sail” of the best technology IPO of the Year.

The planned IPO is the return of the Sailpoint public market. The public market conducted an IPO in 2017. Previously, Thoma Bravo privatized the company in 2022. Toma Bravo (Thoma Bravo) and SailPoint have a complex history and obtained it in 2014 people Three years later, they withdrew their positions in 2018, just to re -compete the company in 2022.

2025 IPO market another early quantity regulation

Sailpoint ipo will be IPO Market in 2025. Last year, in 2024, based on the data of Renaissance Capital, a research company focusing on the IPO, companies listed in the United States earned $ 29.6 billion in revenue, higher than 2022 in 2023 and 2022 of $ 7.7 billion. The candidates listed in 2021 were anxious to raise funds in the low interest rate era, crying from the income raised in 2021.

Last week, American pork giant Smithfield Food (SFD. Open After nearly 26.1 million shares priced at nearly $ 26.1 million with the Chinese owner’s WH Group. The 34.8 million shares provided by the two were provided at a price of $ 23 to 27. Since its listing on January 28, the stock price of the stock on Tuesday was US $ 21.42, down 2 %.

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