Observed Signal · Jul 2, 2024 · corporate_event · Source: SEC API · Impact: 4.8/5
8-K Financial Filing Analysis for Everbridge (2024-07-02)
On July 2, 2024, Everbridge, Inc. completed its previously announced take-private merger with affiliates of Thoma Bravo Discover Fund IV, L.P. Under the terms of the Amended and Restated Agreement and Plan of Merger, Everbridge stockholders are entitled to receive $35.00 per share in cash. As a result of the transaction, Everbridge has become a wholly owned subsidiary of Everbridge Holdings, LLC, and its common stock was halted and requested to be delisted from the Nasdaq Global Select Market. In connection with the closing, Everbridge executed supplemental indentures adjusting conversion rights for its outstanding convertible senior notes ($63.46 million due 2024 and $300.28 million due 2026), triggering fundamental change repurchase rights. In addition, existing capped call transactions were terminated, the previous board of directors stepped down—with David Wagner remaining alongside newly appointed directors David Rockvam and Noah Webster—and the company will deregister its securities under the Exchange Act.
Marks the final completion of Everbridge's take-private transaction by Thoma Bravo, removing a leading critical event management SaaS platform from the public markets.
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Key Takeaways & Evidence Grounding
- Everbridge was acquired by Thoma Bravo affiliates for $35.00 per share in cash, resulting in the company going private and delisting from Nasdaq.
- First supplemental indentures were executed for $63,459,000 of 0.125% Convertible Senior Notes due 2024 and $300,276,000 of 0% Convertible Senior Notes due 2026, establishing cash conversion terms and fundamental change repurchase rights.
- Eight existing board members resigned upon closing, leaving David Wagner on the board joined by new directors David Rockvam and Noah Webster.
Connected Companies & Entities
1 Entity mappedRelated Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Everbridge Launches Marketplace for Partner Integrations
Everbridge, a leader in critical event management, announced the launch of the Everbridge Marketplace, a centralized hub for technology partners. The Marketplace allows customers to discover, evaluate, and access third-party solutions that integrate with the Everbridge 360 AI platform. Initial partners include Seerist, Traxo, and Base Operations, offering risk intelligence, travel data, and threat intelligence. The Marketplace aims to simplify access to integrated solutions and create new opportunities for partners. Everbridge plans to expand the Marketplace with more partners and solution categories over time.
New ASIS International Research Sponsored by Everbridge Finds Critical Gaps in Active Assailant Preparedness
Everbridge sponsors new ASIS International research revealing critical gaps in active assailant preparedness, published September 30, 2026.
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