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Cybersecurity firm SailPoint returns to markets as the first major tech IPO of the year

Yahoo Finance
Summary
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85% Informative

Identity management tech firm SailPoint is poised to start trading at the Nasdaq on Thursday .

The company priced its IPO at the top end of its targeted range of $21 to $23 , raising $1.38 billion in proceeds.

Thoma Bravo took SailPoint public on Nov. 18, 2017 , around the same time as quasi-competitor Okta debuted.

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