Splunk Inc., a provider of operational intelligence software used to monitor, report and analyze real-time machine data, on Monday said it expects to price its initial public offering or IPO of 13.5 million shares of its common stock between $8 and $10 per share, aiming to raise up to $155.25 million.
In a filing with the U.S. Securities and Exchange Commission, the company said it will offer 12.51 million shares and the selling stockholders will offer 992,722 shares of common stock.
The company also said it has granted the underwriters the right to purchase up to an additional 2.03 million shares to cover over-allotments at the initial public offering price less the underwriting discount.
Splunk said it will not receive any proceeds from the sale of shares by the selling stockholders.
The company has applied to list its common stock on The NASDAQ Global Select Market under the symbol 'SPLK'.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.