GitLab Inc. announces initial public offering (IPO) pricing at $77.00 per share for 10,400,000 shares of Class A common stock.
The offering includes shares from both GitLab Inc. and shares sold by co-founder Sytse 'Sid' Sijbrandij.
The shares began trading on Nasdaq on October 14, 2021, under the ticker symbol 'GTLB'.
The IPO was expected to close by October 18, 2021, with the underwriters given a 30-day option to purchase additional shares.
Leading financial institutions acted as managers and co-managers for the IPO process.

GitLab is an AI-powered DevSecOps platform that streamlines the entire software development life cycle. It integrates and automates processes from project planning and source code management to CI/CD, monitoring, and security. This comprehensive platform enhances collaboration across development, operations, and security teams, enabling faster software delivery without compromising security. It provides tools for efficient automation, code suggestions, and managing security risk, aiming to reduce cycle times and maintenance efforts. Trusted by industry leaders, GitLab supports cloud-native, multi-cloud, and legacy environments, emphasizing an open-source community and continuous investment in its platform.

Gitlab

Comprehensive AI-powered DevSecOps platform for faster, secure software delivery.

GitLab IPO Pricing Announcement

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