Gloo Holdings Stock Drops on New Share Offering Price

By EC Assets · Published 9 July 2026

Gloo Holdings stock declined after the company priced a public offering of 7 million shares of Class A common stock at $3.25 per share. This offering price is below the current share price of $3.98. The company’s shares fell 19.6% in premarket trading on Thursday. The offering is expected to raise approximately $22.75 million for Gloo Holdings. The $3.25 offering price represents a discount to the current share price of $3.98. Gloo Holdings' stock had already decreased by 50% over the last year. Gloo Holdings, Inc. is based in Boulder, Colorado. The company serves churches, ministries, and Christian universities. Gloo Holdings trades on the Nasdaq. The company has a market capitalization of $326.8 million. It has shown a revenue growth of 310% over the past 12 months. This article is intended for informational purposes only. It does not constitute investment advice.