FOSTER CITY, Calif.--(BUSINESS WIRE)--E2open, Inc., a leading provider of strategic, cloud-based solutions for collaborative execution across global trading networks, today announced the pricing of its initial public offering of 4,687,500 shares of its common stock, including 3,750,000 shares from the company and 937,500 shares from the selling stockholders, at a price to the public of $15 per share. The shares are expected to begin trading on the NASDAQ Global Market on July 26, 2012, under the symbol "EOPN." In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to 703,125 additional shares of common stock.
BofA Merrill Lynch is acting as sole book-running manager for the offering and William Blair & Company, L.L.C., Pacific Crest Securities, Canaccord Genuity Inc. and Needham & Company, LLC are acting as co-managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. 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. Copies of the prospectus related to the offering may be obtained, when available, from BofA Merrill Lynch, 222 Broadway, 7th Floor, New York, NY 10038, Attn: Prospectus Department or by emailing dg.prospectus_requests@baml.com.