Sprinklr, the unified customer experience management (Unified-CXM) platform for modern enterprises, today announced the closing of its initial public offering. Sprinklr’s Class A common stock is listed on the New York Stock Exchange under the ticker symbol “CXM.”
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An aggregate of 16,625,000 shares of Class A common stock were sold in the offering, at a price to the public of $16.00 per share. The gross proceeds to Sprinklr were $266.0 million, before deducting underwriting discounts and commissions and other offering expenses.
Morgan Stanley, J.P. Morgan, Citigroup, Barclays, and Wells Fargo Securities acted as lead book-running managers for the proposed offering, and JMP Securities, KeyBanc Capital Markets, Oppenheimer & Co., Stifel, William Blair, Blaylock Van, LLC, C.L. King & Associates, Ramirez & Co., Inc. and Roberts & Ryan acted as co-managers for the offering.
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