AcquisitionsApr 14, 2026, 04:17 PM
Gloo Holdings to Acquire Enterprisemarketdesk; Reports Q4 Results
AI Summary
Gloo Holdings, Inc. announced its indirect wholly-owned subsidiary, Gloo, LLC, entered into an Asset Purchase Agreement to acquire substantially all assets and certain liabilities of WDMarketdesk, LLC. This acquisition, expected to close in the second quarter of fiscal year 2026, will involve the issuance of the Company's Class A common stock as part of the consideration. Additionally, Gloo Holdings issued a press release reporting its financial results for the fourth quarter and year ended January 31, 2026.
Key Highlights
- Gloo subsidiary to acquire substantially all assets of WDMarketdesk, LLC.
- Acquisition expected to close in Q2 FY2026.
- Consideration includes issuance of Gloo Holdings Class A common stock.
- Company reported Q4 and full-year financial results for FY2026.