Gloo closes 7,000,000-share public offering at $3.25, raising $22.75 million gross

Net proceeds are earmarked for general corporate purposes, including acquisitions, working capital, operating expenses, and capital expenditures.

Board members and affiliated entities, including Scott Beck and Pat Gelsinger, bought about $6 million of shares in the deal.

Gloo closed an underwritten public offering of 7,000,000 Class A common shares at $3.25 each on July 10, 2026.

Gross proceeds totaled $22.75 million; underwriters hold a 30-day option for 1,050,000 additional shares, lifting gross to about $26.16 million.