Everbridge Launches Proposed Public Offering

4/3/17

BURLINGTON, Mass.--(BUSINESS WIRE)--Everbridge, Inc. (NASDAQ:EVBG) today announced that it has launched an underwritten public offering of common stock. Everbridge and certain existing stockholders are offering an aggregate of 3,012,164 shares of common stock, of which 275,000 shares are being offered by Everbridge and 2,737,164 shares are being offered by existing stockholders of Everbridge. In addition, Everbridge and certain of the selling stockholders intend to grant the underwriters a 30-day option to purchase up to an aggregate of 451,825 additional shares. 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 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.

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 incidents, 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.

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