Sprinklr’s $254 Million Initial Public Offering

Davis Polk advised the representatives of the several underwriters in the IPO.

Sprinklr, Inc. completed its $254 million initial public offering of 16,625,000 shares of Class A common stock. The common stock is listed on the New York Stock Exchange under the symbol “CXM.”

The underwriters for the offering included Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Barclays Capital Inc., Wells Fargo Securities, LLC, JMP Securities LLC, KeyBanc Capital Markets Inc., Oppenheimer & Co. Inc., Stifel, Nicolaus & Company, Incorporated, William Blair & Company, L.L.C., Blaylock Van, LLC, C.L. King & Associates, Inc., Samuel A. Ramirez & Company, Inc., and Roberts & Ryan Investments, Inc.

Sprinklr empowers brands with a new category of enterprise software—Unified Customer Experience Management—that enables every customer-facing function across the front office, from customer care to marketing, to collaborate across internal silos, communicate across digital channels and leverage a complete suite of modern capabilities, all on one unified, AI-powered platform.

The Davis Polk capital markets team included partners Richard D. Truesdell Jr. (Picture) and Roshni Banker Cariello, counsel Radoslaw Michalak and associate Aaron Shubert. Counsel Matthew J. Bacal and associate Chelsea Renter provided intellectual property advice. Counsel Will Schisa provided sanctions advice. Counsel Marcie A. Goldstein provided FINRA advice. The tax team included partner Michael Farber and associate Benjamin Helfgott.

Involved fees earner: Aaron Shubert – Davis Polk & Wardwell; Matthew Bacal – Davis Polk & Wardwell; Roshni Banker Cariello – Davis Polk & Wardwell; Michael Farber – Davis Polk & Wardwell; Marcie Goldstein – Davis Polk & Wardwell; Benjamin Helfgott – Davis Polk & Wardwell; Radoslaw Michalak – Davis Polk & Wardwell; Chelsea Renter – Davis Polk & Wardwell; Will Schisa – Davis Polk & Wardwell; Richard Truesdell Jr. – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Capital ; Blaylock Van, LLC; C.L. King & Associates; Citigroup Global Markets Ltd; J.P. Morgan Securities LLC; JMP Securities LLC; KeyBanc Capital Markets; Morgan Stanley; Oppenheimer & Co; Roberts and Ryan Investments; Samuel A. Ramirez & Company, Inc.; Stifel, Nicolaus & Company, Incorporated; Wells Fargo Securities; William Blair & Company, L.L.C.;

Martina Bellini

Author: Martina Bellini