BigCommerce (BIGC) Prices Follow-on Public Offering of Common Stock at $68/sh

BigCommerce Holdings, Inc. (“BigCommerce” or the “Company”) (Nasdaq: BIGC) today announced the pricing of its previously announced follow-on public offering of its Series 1 common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the “SEC”) at a price to the public of $68.00 per share. BigCommerce is offering 1,000,000 shares of its Series 1 common stock and the selling stockholders named in the registration statement, including certain members of management and entities affiliated with directors of the Company, are offering 4,000,000 shares of the Company’s Series 1 common stock. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of the Company’s Series 1 common stock at the public offering price. The Company will not receive any proceeds from the sale of the shares by the selling stockholders. The offering is expected to close on November 17, 2020, subject to customary closing conditions.

J.P. Morgan and Barclays are serving as lead book-running managers for the proposed offering. Morgan Stanley, Jefferies and KeyBanc Capital Markets are acting as book-running managers. Canaccord Genuity, Needham & Company, Piper Sandler, Raymond James, Stifel and Truist Securities are acting as co-managers for the offering.

You May Also Be Interested In

• enVVeno Medical (NVNO) files $100M mixed shelf
• Elroy Air wins $46M U.S. Army contract for cargo drone system
• WISeKey names Alexander Hirsch as group chief marketing officer