Cybersecurity firm SailPoint's IPO priced at the top end of the range – Proactive Investors UK
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Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive’s editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily… Read more
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.
Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.
We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.
The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.
Proactive has always been a forward looking and enthusiastic technology adopter.
Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.
Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.
Published: 08:25 13 Feb 2025 GMT
SailPoint, the Texas-based identity security firm, has raised $1.38 billion in its New York initial public offering, pricing shares at $23 each, the top of its expected range.
The company and private equity owner Thoma Bravo sold 60 million shares, valuing SailPoint at $12.6 billion ahead of its return to public markets.
SailPoint provides identity and access management software, helping businesses protect sensitive data by ensuring only the right employees can access critical systems.
Its cloud-based platform is used by organisations worldwide to prevent cyber threats and manage digital identities efficiently.
Originally, the company planned to sell 50 million shares at $19 to $21 each, but strong demand led to an increase. Thoma Bravo, which took SailPoint private in 2022 for $6.9 billion, is now selling part of its stake.
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Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN) CEO Cobus Loots takes Proactive's Stephen Gunnion through the company’s first-half results, recent production challenges, and exciting growth plans. Despite a temporary dip in output due to commissioning delays at the Evander underground…
© Proactive Group Holdings Inc, 2025
Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom” is registered in England with the Company Registration number 05639690. Group VAT registration number 872070825. You can contact us here.
Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use.
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This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Sustainability
Cannabis
Battery Metals
Artificial Intelligence
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You understand that the Content on the Site is provided for information purposes only, and none of the information contained on the Site constitutes an offer, solicitation or recommendation to buy or sell a security. You understand that the Company receives either monetary or securities compensation for our services. We stand to benefit from any volume which any Content on the Site may generate. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value, suitability or profitability of any particular security, portfolio of securities, transaction, investment, investment strategy, or other matter. You understand…
Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive’s editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily… Read more
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.
Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.
We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.
The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.
Proactive has always been a forward looking and enthusiastic technology adopter.
Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.
Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.
Published: 08:25 13 Feb 2025 GMT
SailPoint, the Texas-based identity security firm, has raised $1.38 billion in its New York initial public offering, pricing shares at $23 each, the top of its expected range.
The company and private equity owner Thoma Bravo sold 60 million shares, valuing SailPoint at $12.6 billion ahead of its return to public markets.
SailPoint provides identity and access management software, helping businesses protect sensitive data by ensuring only the right employees can access critical systems.
Its cloud-based platform is used by organisations worldwide to prevent cyber threats and manage digital identities efficiently.
Originally, the company planned to sell 50 million shares at $19 to $21 each, but strong demand led to an increase. Thoma Bravo, which took SailPoint private in 2022 for $6.9 billion, is now selling part of its stake.
Sign up to receive alerts and news direct to your inbox
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN) CEO Cobus Loots takes Proactive's Stephen Gunnion through the company’s first-half results, recent production challenges, and exciting growth plans. Despite a temporary dip in output due to commissioning delays at the Evander underground…
© Proactive Group Holdings Inc, 2025
Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom” is registered in England with the Company Registration number 05639690. Group VAT registration number 872070825. You can contact us here.
Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
