Recent IPO Everbridge (EVBG) Gains Following Weekend Terror Events

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Go back to Recent IPO Everbridge (EVBG) Gains Following Weekend Terror Events

Everbridge (EVBG) IPO Opens, Trades Modestly Higher

September 16, 2016 10:54 AM EDT

Today's IPO for Everbridge (NASDAQ: EVBG) opened for trading earlier at $12.30 at after pricing 7,500,000 shares of common stock, of which 6,250,000 shares are being offered by Everbridge and 1,250,000 shares are being offered by existing stockholders of Everbridge, at a price to the public of $12.00 per share, the middle of the expected $11-$13 range.

Credit Suisse and BofA Merrill Lynch are acting as joint book-running managers for the offering.... More