BURLINGTON, Mass.--(BUSINESS WIRE)--Mar. 23, 2017--
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170323006289/en/
Source: Everbridge, Inc.
Media Contact:
Everbridge
Jeff Benanto, 781-373-9879
jeff.benanto@everbridge.com
or
Investor
Contact:
ICR
Garo Toomajanian, 818-230-9712
ir@everbridge.com