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Spread the message: Everbridge prices IPO at $12, the midpoint of the range

September 15, 2016

Everbridge, which provides mass messaging and critical communications services to enterprises, raised $90 million by offering 7.5 million shares at $12, within the range of $11 to $13. Everbridge plans to list on the Nasdaq under the symbol EVBG. Credit Suisse and BofA Merrill Lynch acted as lead managers on the deal.

Everbridge is the first of four tech IPOs on the IPO calendar, ahead of next week's The Trade Desk (TTD), Gridsum (GSUM) and Apptio (APTI).