Gloo Announces Proposed Public Offering of Class A Common Stock

About this update from Gloo Holdings, Inc.

BOULDER, Colo., July 06, 2026--(BUSINESS WIRE)--Gloo Holdings, Inc. (Nasdaq: GLOO), a leading technology platform for the faith and flourishing ecosystem, today announced that it has commenced a proposed underwritten public offering of 7,000,000 shares of its Class A common stock. In connection with the proposed offering, Gloo expects to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Class A common stock at the public offering price, less underwriting discounts and commissions. Gloo intends to use the net proceeds from the proposed offering for general corporate purposes, including acquisitions and investments in businesses, products, services or technologies, working capital, operating expenses and capital expenditures. In addition, Scott Beck, Pat Gelsinger, and certain other members of Gloo's board of directors and their affiliated entities have indicated their interest in purchasing at least $6.0 million in shares of Class A common stock being offered in this proposed offering at the public offering price. Citizens Capital Markets is acting as lead book-running manager for the proposed offering and Roth Capital Partners is acting as book-running manager for the proposed offering. Benchmark, a StoneX Company, and Loop Capital Markets are acting as co-managers for the proposed offering. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained, when available, by contacting: Citizens JMP Securities, LLC, 1301 Avenue of the Americas, 2nd Floor, New York, NY 10019, or by calling (415) 835-8985, or by email at [email protected]; or Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, (800) 678-9147. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisd...

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