Gerson Lehrman Group, Inc (GLGX) Files IPO Registration Statement

October 18, 2021 4:19 PM EDT

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Gerson Lehrman Group, Inc (NASDAQ: GLGX) files IPO registration statement.

The company describes itself as: "Our mission is to bring the power of insight to every great professional decision. Every day, GLG gives Clients the confidence to make important decisions by dynamically connecting them to powerful forms of insight from the right subject-matter experts.

The world’s economy is shifting increasingly towards knowledge work. Knowledge professionals drive high value strategic, operating and investment decisions that allocate trillions of dollars of capital across the global economy and that drive product developments that influence billions of people. The stakes are high: they operate in increasingly competitive markets with accelerating pace of innovation and overwhelming amounts of data. And while the proliferation of available data on the Internet has raised the expectation that insights are readily available, the sheer volume of detailed information has made it increasingly difficult to find actionable insights. As a consequence, too many decisions are made on partial insight or, worse, hunches. These knowledge professionals are increasingly seeking the right insights—those most applicable, contextually relevant and actionable—at the right time."

Morgan Stanley and Goldman Sachs & Co. LLC will serve as lead underwriter.

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