Everbridge Files Registration Statement for Proposed Follow-On Public Offering
March 23 2017 - 5:31PM
Business Wire
Everbridge, Inc. (NASDAQ: EVBG) today announced that it has
filed a registration statement on Form S-1 with the Securities and
Exchange Commission for a proposed underwritten public offering of
common stock. The proposed offering is expected to be predominantly
from existing shareholders and be approximately $50 million. The
offering is subject to market and other conditions, including the
effectiveness of the registration statement filed under the
Securities Act of 1933, as amended. Everbridge will not receive any
proceeds from the sale of shares sold by the selling
stockholders.
Everbridge intends to use proceeds from the offering for general
corporate purposes, including working capital and capital
expenditures.
Credit Suisse and BofA Merrill Lynch will act as joint
book-running managers for the proposed offering. Stifel, Pacific
Crest Securities, a division of KeyBanc Capital Markets, Canaccord
Genuity, Raymond James, Needham & Company, and William Blair
will act as co-managers.
The offering will be made only by means of a prospectus. Copies
of the preliminary prospectus related to the offering may be
obtained, when available, from Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, One Madison Avenue, New York, NY
10010, by telephone at 1-800-221-1037, 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 the Securities and Exchange Commission but has not yet
become effective. These securities may not be sold nor may offers
to buy be accepted prior to the time that the registration
statement becomes effective. This announcement 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 offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any
such state or jurisdiction.
About Everbridge:
Everbridge, Inc. is a global software company that provides
enterprise software applications that automate and accelerate an
organization’s response to critical events in order to keep people
safe and businesses running. During public safety threats such as
active shooter situations, terrorist attacks or severe weather
conditions, as well as critical business events such as IT outages
or cyber incidents, over 3,000 global customers rely on the
company’s SaaS-based platform to quickly and reliably construct and
deliver contextual notifications to millions of people at one time.
The company’s platform sent over 1.5 billion messages in 2016, and
offers the ability to reach more than 200 countries and territories
with secure delivery to over 100 different communication devices.
The company’s critical communications and enterprise safety
applications, which include Mass Notification, Incident Management,
IT Alerting, Safety Connection™, Community Engagement™, Secure
Messaging, Visual Command Center and Crisis Commander, are
easy-to-use and deploy, secure, highly scalable and reliable.
Everbridge serves 8 of the 10 largest U.S. cities, 8 of the 10
largest U.S.-based investment banks, all four of the largest global
accounting firms, 24 of the 25 busiest North American airports and
6 of the 10 largest global automakers. Everbridge is based in
Boston and Los Angeles with additional offices in San Francisco,
Lansing, Beijing, London and Stockholm.
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version on businesswire.com: http://www.businesswire.com/news/home/20170323006289/en/
Media Contact:EverbridgeJeff Benanto,
781-373-9879jeff.benanto@everbridge.comorInvestor Contact:ICRGaro
Toomajanian, 818-230-9712ir@everbridge.com
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