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IPO · CXM

Sprinklr, Inc.

Formerly Sprinklr, Inc.

Sprinklr, Inc. (CXM) priced its initial public offering on Jun 24, 2021 at $16.00 per share, below its $18.00–$20.00 range, raising $266M, and listed on NYSE. At the IPO price its market capitalization was about $3.97B. Morgan Stanley was lead-left underwriter, joined by J.P. Morgan, Citigroup and Barclays and others.

Sprinklr, Inc. provides a cloud-based software platform for managing customer engagement across digital channels, with products such as social listening that track and analyze mentions across public sources and a company's own channels. Its customers range from smaller organizations to large enterprises.

Status
IPO
Ticker
CXM
Exchange
NYSE
Priced
Jun 24, 2021
IPO price
$16.00
Price range
$18.00–$20.00
Raised
$266M
Market cap at IPO price
$3.97B
First filed
May 28, 2021
Underwriters
Morgan Stanley, J.P. Morgan, Citigroup, Barclays, Wells Fargo, Citizens JMP, KeyBanc, Oppenheimer, Stifel, William Blair, Blaylock Van and Ramirez & Co.
Sector
Technology
Country / state
NY

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

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