BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 15, 2019--
Everbridge, Inc. (Nasdaq: EVBG) today announced the pricing of an
underwritten public offering of 2,300,000 shares of its common stock,
all of which are being offered by Everbridge, at a price to the public
of $55.25 per share. The offering is expected to close on or about
January 18, 2019, subject to satisfaction of customary closing
conditions. Everbridge has granted the underwriters a 30-day option to
purchase up to an additional 345,000 shares of common stock from it at
the public offering price, less underwriting discounts and commissions.
J.P. Morgan, BofA Merrill Lynch and Credit Suisse are acting as joint
book-running managers in the offering. Stifel, KeyBanc Capital Markets,
Canaccord Genuity, Needham & Company, Raymond James, SunTrust Robinson
Humphrey, William Blair, and Northland Capital Markets will act as
co-managers. The offering is being made pursuant to a shelf registration
statement, including a base prospectus, filed by Everbridge with
the Securities and Exchange Commission (SEC), which was effective upon
filing. The offering may be made only by means of a written prospectus
and prospectus supplement that form a part of the registration
statement. A final prospectus supplement and accompanying prospectus
relating to the offering will be filed with the SEC and will be
available on the SEC’s website at www.sec.gov.
Copies of the final prospectus supplement and the accompanying
prospectus may also be obtained, when available, from J.P. Morgan
Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717, or by telephone at (866) 803-9204, or by
email at prospectus-eq_fi@jpmchase.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;
or from Credit Suisse Securities (USA) LLC, Attention: Prospectus
Department, Eleven Madison Avenue, 3rd Floor, New York, NY
10010, by telephone at 1-800-221-1037, or by email at ecm.prospectus@credit-suisse.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there by any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to the registration or qualification under the
securities laws of any such jurisdiction.
About Everbridge
Everbridge, Inc. is a global software company that provides enterprise
software applications that automate and accelerate organizations'
operational response to critical events in order to keep people safe and
businesses running faster. 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, cyber-attacks or
other incidents such as product recalls or supply-chain interruptions,
over 4,200 global customers rely on the company’s SaaS-based platform to
quickly and reliably aggregate and assess threat data, locate people at
risk and responders able to assist, automate the execution of
pre-defined communications processes, and track progress on executing
response plans. The company’s platform sent over 2.8 billion messages in
2018, 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 include Mass Notification, Incident Management, Safety
Connection™, IT Alerting, Visual Command Center, Crisis Commander,
Community Engagement™ and Secure Messaging. Everbridge serves 9 of the
10 largest U.S. cities, 9 of the 10 largest U.S.-based investment banks,
all four of the largest global accounting firms, 25 of the 25 busiest
North American airports, six of the 10 largest global consulting firms,
six of the 10 largest global auto makers, all four of the largest global
accounting firms, four of the 10 largest U.S.-based health care
providers and four of the 10 largest U.S.-based health insurers.
Everbridge is based in Boston and Los Angeles with additional offices in
Lansing, San Francisco, Beijing, Bangalore, Kolkata, London, Munich,
Oslo, Stockholm and Tilburg.
Cautionary Note on Forward-Looking Statements
This press release includes certain disclosures which contain
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995, including, without limitation,
statements regarding our expectations regarding the anticipated closing
of the public offering. The words “anticipate,” “expect,” “intend,”
“may,” “will” and similar expressions are intended to identify
forward-looking statements. Forward-looking statements are based on our
current expectations and assumptions. Because forward-looking statements
relate to the future, they are subject to inherent uncertainties, risks,
and changes in circumstances that may differ materially from those
contemplated by the forward-looking statements, which are neither
statements of historical fact nor guarantees or assurances of future
performance. Important factors that could cause actual results to differ
materially from those in the forward-looking statements include risks
related to the satisfaction of closing conditions and other factors that
are set forth in our filings with the U.S. Securities and Exchange
Commission, including our Annual Report on Form 10-K, under the caption
“Risk Factors.” The forward-looking statements speak only as of the date
made and, other than as required by law, we undertake no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190115006009/en/
Source: Everbridge, Inc.
Investor Contact:
Garo Toomajanian
ICR
IR@everbridge.com
818-230-9712
Media Contact:
Jeff Young
Everbridge
jeff.young@everbridge.com
781-859-4116