Everbridge, a global software company that provides critical communications and enterprise safety applications to help keep people safe and businesses running, has announced the pricing of its initial public offering of 7,500,000 shares of common stock, of which 6,250,000 shares are being offered by Everbridge and 1,250,000 shares are being offered by existing stockholders of Everbridge, each at a price to the public of $12.00 per share. The shares are expected to begin trading on the NASDAQ Global Market under the ticker symbol “EVBG” on September 16, 2016. The offering is expected to close on September 21, 2016, subject to customary closing conditions. In addition, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,125,000 shares to cover over-allotments, if any.
Prospectus and registration statement
Credit Suisse and BofA Merrill Lynch are acting as joint book-running managers for the offering. Stifel, Pacific Crest Securities, a division of KeyBanc Capital Markets, Raymond James, Canaccord Genuity and William Blair are acting as co-managers for the offering. This offering is made only by means of a prospectus. A copy of the final prospectus related to the offering can be obtained, when available, from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by email at newyork.prospectus@credit-suisse.com; or from BofA Merrill Lynch NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com.
A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. Copies of the registration statement can be accessed by visiting the Securities and Exchange Commission website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
