secwatch.observer — SEC 8-K summary
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Issuer:     EVERBRIDGE, INC. (—)
CIK:        0001437352
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001193125-24-054346
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Everbridge raises Thoma Bravo buyout price to $35.00/share, 62% premium
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- Thoma Bravo increased offer to $35.00 per share, up $6.40 from original $28.60.
- Transaction values Everbridge at ~$1.8B, 62% premium to 90-day VWAP before original deal.
- Go-shop process attracted higher competing bid; board approved amended agreement.
- Closing expected Q2 2024, subject to shareholder vote and regulatory approvals.
- Equity commitment from Thoma Bravo covers full merger consideration; no financing condition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437352/000119312524054346/0001193125-24-054346-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437352/000119312524054346/d746222d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-054346

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer