Coupa Software Launches Proposed Follow-on Offering
11 April 2017 - 6:10AM
Coupa Software Incorporated (NASDAQ:COUP), a leader in cloud-based
spend management, today announced the launch of a proposed
follow-on public offering of 3,700,000 shares of its common stock,
which will include 91,535 shares to be offered by Coupa and
3,608,465 shares to be offered by certain selling stockholders.
Coupa will not receive any proceeds from the sale of the shares by
the selling stockholders. In addition, Coupa expects to grant the
underwriters a 30-day option to purchase up to an additional
555,000 shares of its common stock.
The offering will be made only by means of a
prospectus. Copies of the preliminary prospectus related to the
offering may be obtained, when available, from Morgan Stanley &
Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, NY 10014; from J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717, or by telephone at 866-803-9204; from Barclays Capital
Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at
Barclaysprospectus@broadridge.com; or from RBC Capital Markets,
LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New
York, NY 10281-8098, or by email to equityprospectus@rbccm.com, or
by telephone at (877) 822-4089.
A registration statement relating to these
securities has been filed with the SEC but has not yet become
effective. These securities may not be sold, nor may offers to buy
be accepted, prior to the time the registration statement becomes
effective. 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.
About Coupa Software
Coupa Software is the cloud platform for
business spend. We deliver “Value as a Service” by helping our
customers maximize their spend under management, achieve
significant cost savings and drive profitability. Coupa
provides a unified, cloud-based spend management platform that
connects hundreds of organisations representing the Americas, EMEA,
and APAC with millions of suppliers globally.
Investor Relations:
The Blueshirt Group for Coupa
Cynthia Hiponia or Erin Rheaume
650-485-8603
ir@coupa.com
Media Contact:
Global Public Relations
Orlando De Bruce
650-485-8629
orlando.debruce@coupa.com
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