(Reuters) -SailPoint priced its New York initial public offering at the top-end of its marketed range of $21-$23 on Thursday, raising $1.38 billion for the identity security firm and the selling stockholder.
The Austin, Texas-based company and its parent Thoma Bravo sold 60 million shares at $23 apiece, giving SailPoint a valuation of $12.6 billion ahead of its U.S. stock market listing more than two years after it went private.
SailPoint and Thoma Bravo had initially planned on selling 50 million shares priced between $19 and $21.
(Reporting by Arasu Kannagi Basil and Pretish M J in Bengaluru; Editing by Sonia Cheema)
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