BURLINGTON, Mass.--(BUSINESS WIRE)--Apr. 5, 2017--
Everbridge, Inc. (NASDAQ: EVBG) today announced the pricing of its
underwritten public offering of 3,264,164 shares of common stock, of
which 527,000 shares are being offered by Everbridge and 2,737,164
shares are being offered by existing stockholders of Everbridge, each at
a price to the public of $19.85 per share. The offering is expected to
close on April 11, 2017, subject to customary closing conditions. In
addition, Everbridge and certain of the selling stockholders have
granted the underwriters a 30-day option to purchase up to an aggregate
of 451,825 additional shares.
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, Canaccord Genuity, Raymond James, Needham &
Company and William Blair are acting as co-managers. The offering will
be made only by means of a prospectus. Copies of the final 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, and declared effective by, the 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 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
operational 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-attacks, over 3,200
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 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.
Forward-Looking Statements
This press release contains certain forward-looking statements,
including statements with regard to Everbridge’s proposed securities
offering. Words such as "believes," "intends," "expects," "projects,"
"anticipates," and "future" or similar expressions are intended to
identify forward-looking statements. These forward-looking statements
are subject to the inherent uncertainties in predicting future results
and conditions and no assurance can be given that the proposed
securities offering discussed above will be consummated on the terms
described or at all. Completion of the proposed securities offering and
the terms thereof are subject to numerous factors, many of which are
beyond the control of Everbridge, including, without limitation, market
conditions, failure of customary closing conditions and the risk factors
and other matters set forth in Everbridge’s filings with the U.S.
Securities and Exchange Commission. Everbridge undertakes no obligation
to publicly update or revise any forward-looking statements, whether as
a result of new information, future events or otherwise, except as may
be required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170405006412/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
