Software company Sumo Logic files for IPO; plans to list on Nasdaq under ticker ‘SUMO’

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Software company Sumo Logic filed for an initial public offering on Monday, with plans to list on Nasdaq under the ticker “SUMO.” Morgan Stanley and J.P. Morgan are lead bookrunners on the deal, with RBC and Jefferies acting as bookrunning managers and William Blair, Cowen, Piper Sandler and BTIG acting as co-managers. “Sumo Logic is the pioneer of continuous intelligence, a new category of software, which enables organizations of all sizes to address the data challenges and opportunities presented by digital transformation, modern applications and cloud computing,” the company said in a statement.
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