E2open Announces Pricing of Follow-on Public Offering of Common Stock

FOSTER CITY, Calif.--()--E2open, Inc. (NASDAQ:EOPN), a leading provider of cloud-based solutions for collaborative planning and execution across global trading networks, announced today the pricing of 4,660,557 shares of its Common Stock at a price of $25.00 per share in its follow-on offering. 2,107,038 shares will be offered by E2open and 2,553,519 shares will be offered by the selling stockholders. In addition, certain of the selling stockholders have granted the underwriters a 30-day option to purchase up to 699,083 additional shares of Common Stock.

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. The Company will not receive any proceeds from the shares being offered by the selling stockholders.

BofA Merrill Lynch and Pacific Crest Securities are serving as joint book-running managers for the offering, with William Blair, Canaccord Genuity and Needham & Company acting as co-managers.

A registration statement on Form S-3 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. A copy of the final 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.

Contacts

ICR
Greg Kleiner, (650) 645-6675
Investor Relations
investor.relations@e2open.com

Sharing

Contacts

ICR
Greg Kleiner, (650) 645-6675
Investor Relations
investor.relations@e2open.com