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E2open files for follow-on offering

E2open, Inc. (NASDAQ: EOPN) said that it has filed a registration statement with the US Securities and Exchange Commission for a public offering of shares of its common stock.

The company and certain selling stockholders plan on selling shares of common stock in the offering. The company will not receive any proceeds from the sale of shares by the selling stockholders. The number of shares to be offered by the company and the selling stockholders and the public offering price for the shares have not yet been determined.

E2open said it intends to use the proceeds that it receives from the offering primarily for general corporate purposes and other operating expenses.

BofA Merrill Lynch and Pacific Crest Securities will act as joint book-running managers for the offering and William Blair, Canaccord Genuity and Needham & company will act as co-managers.


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