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SailPoint Technologies prices IPO at $12, above the range

November 16, 2017
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SailPoint Technologies, which provides identity governance software to enterprises, raised $240 million by offering 20 million shares at $12, above the range of $9 to $11. SailPoint Technologies plans to list on the NYSE under the symbol SAIL. Morgan Stanley, Citi, Jefferies and RBC Capital Markets acted as lead managers on the deal.