Gloo Holdings Inc

GLOO

Market cap $724M

BOULDER, Colo. , Nov. 24, 2025 /PRNewswire/ -- Gloo Holdings, Inc., a technology platform serving the faith and flourishing ecosystem, today announced that in connection with the previously announced initial public offering of 9,100,000 shares of its Class A common stock, which closed on November 20, 2025, the underwriters have exercised in part their option to purchase an additional 684,688 shares of Class A common stock at the public offering price of $8.00 per share, less underwriting discounts and commissions.

Two IPOs and one SPAC debuted this week. Four IPOs and seven SPACs submitted initial filings. There is currently one small IPO currently scheduled in the week ahead, although some small deals may join the calendar at the last minute.

Gloo Holdings made its debut on the Nasdaq this week, putting fresh focus on faith-based investing, a small but growing segment where investors choose companies that reflect their religious values.

Shares of Gloo opened 0.6% above its initial public offering price in their Nasdaq debut on Wednesday, valuing the Christian-focused tech platform at $585.9 million.

'Church-tech' is not the usual fare on Wall Street, but Gloo Holdings has managed to carve out a space of its own with a $582 million US IPO. The Colorado-based software group, which serves Christian organisations with digital tools and support services, priced 9.1 million shares at $8 each (below its $10–$12 target), raising just shy of $73 million.