SailPoint completes 60M share IPO at $23; closes Feb 14, 2025

SailPoint, Inc.

Offered 57.5M shares by company + 2.5M by selling stockholders at $23.00/share; underwriters have 30-day option for 9M more.
Converted from Delaware LP to corporation; filed certificate of incorporation and bylaws effective Feb 12, 2025.
Entered Director Designation Agreement with Thoma Bravo granting board seats based on ownership thresholds.
Adopted Omnibus Incentive Plan and Employee Stock Purchase Plan in connection with IPO.
Entered indemnification agreements with all directors and executive officers.

item 1.01 item 3.03 item 5.03 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

SailPoint, Inc.: Company converted from a Delaware limited partnership to a Delaware corporation and filed a certificate of incorporation effective February 12, 2025 (effective 2025-02-12).

Change: charter amendment
Effective: 2025-02-12

Exact text from the filing

On February 12, 2025, the Company converted from a Delaware limited partnership to a Delaware corporation and filed a certificate of incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware and adopted bylaws (the “Bylaws”), each of which became effective on February 12, 2025.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

SailPoint, Inc.: Company adopted new bylaws effective February 12, 2025 in connection with the conversion from a Delaware limited partnership to a Delaware corporation (effective 2025-02-12).

Change: bylaw amendment
Effective: 2025-02-12

Exact text from the filing

On February 12, 2025, the Company converted from a Delaware limited partnership to a Delaware corporation and filed a certificate of incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware and adopted bylaws (the “Bylaws”), each of which became effective on February 12, 2025.

View on SEC.gov

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SailPoint, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-029643

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