Gitlab Inc.

Gitlab Inc. (GTLB) priced its initial public offering on Oct 14, 2021 at $77.00 per share, raising $800.8M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $11.01B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, BofA Securities and UBS and others. Fenwick & West advised the company and Latham & Watkins advised the underwriters.

GitLab Inc. offers The DevOps Platform, a single application with one codebase, interface and unified data model that brings together development, security and operations so teams can build and deliver software rapidly, efficiently and securely.

Status

IPO

Ticker

GTLB

Exchange

Nasdaq Global Select

Priced

Oct 14, 2021

IPO price

$77.00

Raised

$800.8M

Market cap at IPO price

$11.01B

First filed

Sep 17, 2021

Underwriters

Goldman Sachs, J.P. Morgan, BofA Securities, UBS, RBC Capital Markets, Truist, Piper Sandler, TD Cowen, KeyBanc and William Blair

Company counsel

Fenwick & West

Underwriters' counsel

Latham & Watkins

Sector

Technology

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.