SPS Commerce prices offering at USD67

SPS Commerce, Inc. (NASDAQ: SPSC) said it has priced an underwritten public offering of 750,000 shares of its common stock at USD67.00 per share to the public.

In connection with the offering, SPS Commerce has also granted to the underwriters a 30-day option to purchase up to 112,500additional shares of common stock from SPS Commerce to cover any over-allotments.

Net proceeds from the offering are expected to be used for working capital and general corporate purposes, including potential acquisitions. The offering is expected to settle and close on November 25, 2013, subject to customary closing conditions.

Stifel is acting as sole book-running manager in the offering, William Blair, Canaccord Genuity, JMP Securities and Needham & company are acting as lead managers, and Craig-Hallum Capital Group, Northland Capital Markets and Barrington Research Associates are acting as co-managers.

SPS Commerce is a provider of on-demand supply chain management solutions and the retail universe community, providing integration, collaboration, connectivity, visibility and data analytics to thousands of customers worldwide. The company´s website is at http://www.spscommerce.com.

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