E2open Files Registration Statement for Proposed Follow-on Offering

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E2open
EOPN
, a leading provider of cloud-based solutions for collaborative planning and execution across global trading networks, announced today that it has filed a registration statement on Form S-3 with the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of shares of its common stock. The Company and certain selling stockholders plan on selling shares of common stock in the offering. The Company will not receive any proceeds from the sale of shares by the selling stockholders. The number of shares to be offered by the Company and the selling stockholders and the public offering price for the shares have not yet been determined. E2open intends to use the proceeds that it receives from the offering primarily for general corporate purposes and other operating expenses. In addition, if appropriate opportunities arise in the future to acquire or invest in complementary businesses, product lines, products or technologies, the Company may use a portion of the net proceeds for such acquisition or investment. BofA Merrill Lynch and Pacific Crest Securities will act as joint book-running managers for the offering and William Blair, Canaccord Genuity and Needham & Company will act as co-managers. A registration statement on Form S-3 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time of the registration statement becomes effective. The registration statement on Form S-3 may be accessed through the SEC's website at http://edgar.sec.gov. This press release 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. The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the offering may be obtained from BofA Merrill Lynch, 222 Broadway, 7th Floor, New York, NY 10038, Attn: Prospectus Department or by emailing dg.prospectus_requests@baml.com; or from Pacific Crest Securities, 111 SW Fifth Avenue, 42nd Floor, Portland, Oregon 97204 Attn: Prospectus Department or by emailing prospectusrequests@pacific-crest.com. "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995 This press release contains forward-looking statements about the Company's ability to consummate the proposed offering of shares of its common stock and the use of proceeds therefrom. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, actual events or results could differ materially from the events or results expressed or implied by the forward-looking statements. Further information on the factors that could affect future events or results is included in the filings that the Company makes with the SEC, including the Company's annual report on Form 10-K and the Company's quarterly reports on Form 10-Q. These documents are available on the SEC Filings section of the Investor Relations section of the Company's website at: investor.e2open.com. E2open, Inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
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