BURLINGTON, Mass.--(BUSINESS WIRE)--Jan. 14, 2019--
Everbridge, Inc. (Nasdaq: EVBG) today announced the launch of a proposed
underwritten public offering of $125,000,000 of shares of its common
stock, all of which are being offered by Everbridge. Everbridge expects
to grant the underwriters a 30-day option to purchase up to an
additional $18,750,000 of shares of common stock, 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 preliminary prospectus supplement and accompanying
prospectus relating to the offering will be filed with the SEC and will
be available on the SEC's website located at www.sec.gov.
Copies of the preliminary 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.
The final terms of the offering will be disclosed in a final prospectus
supplement to be filed with the SEC.
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.
Forward-Looking Statements
Statements in this press release that are not strictly historical in
nature, including statements related to the proposed offering by
Everbridge, are “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Words such as
“believes,” “anticipates,” “plans,” “expects,” “intends,” “will,”
“goal,” “potential” and similar expressions are intended to identify
forward-looking statements. These statements are based upon Everbridge’s
current expectations. Actual events or results could differ materially
from those anticipated in such forward-looking statements due to various
factors, including market risks and uncertainties and the satisfaction
of customary closing conditions for an offering of securities. For a
discussion of these and other factors, please refer to Everbridge’s
quarterly report on Form 10-Q for the quarter ended September 30, 2018
as well as Everbridge’s other filings with the SEC. You are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. All forward-looking
statements are qualified in their entirety by this cautionary statement,
and Everbridge undertakes no obligation to revise or update this press
release to reflect events or circumstances after the date hereof, except
as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190114005802/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
