10% Owner Grace & Mercy Foundation Invests $3M in Gloo's Public Offering at $3.25
GLOO is trading near its 52-week low of $2.94 (9.5% above the low) on elevated volume (11× avg).
Summary
Grace & Mercy Foundation, a 10% owner of Gloo Holdings, purchased $3 million of Class A common stock at $3.25 per share in the company's recent public offering, joining the CEO and a director in buying into the deal.
Key Events · Ownership and Investor Activity · GLOO
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10% Owner Buys $3M in Offering
Grace & Mercy Foundation, Inc. purchased 923,076 shares at $3.25 per share for a total of $2,999,997 in the public offering that closed July 10, 2026.
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Insider Cluster at Offering Price
This purchase follows CEO Scott Beck's $3.5 million buy and Director Derek Todd Green's $2 million buy at the same $3.25 price, showing broad insider participation.
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Stake Increases to 3.4M Shares
Post-transaction, the foundation holds 3,423,076 shares, reinforcing its position as a major shareholder.
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Offering Priced at Deep Discount
The $3.25 offering price represents a significant drop from the $4.44 per share in the prior S-1/A filing, reflecting market conditions but insiders still committed capital.
Analysis · GLOO · Technology
Grace & Mercy Foundation, a 10% owner, bought $3 million of Gloo Holdings stock at $3.25 per share in the public offering that closed July 10. This follows CEO Scott Beck's $3.5 million purchase and Director Derek Todd Green's $2 million buy at the same price, signaling strong insider conviction despite the offering's deep discount to the prior $4.44 filing price. The purchase increases the foundation's stake to 3.4 million shares, aligning a major shareholder with the company's turnaround efforts amid ongoing going-concern risks.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.7% of the 1872 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GLOO was trading at $3.22 on NASDAQ in the Technology sector, with a market capitalization of approximately $284.7M. The 52-week trading range was $2.94 to $9.98. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.