Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive 
One Percent Rule Checklist For Safer Forex Trading Risk 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft 
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
SAN MATEO, Calif., April 11, 2017 -- Coupa Software Incorporated (NASDAQ:COUP), a leader in cloud-based spend management, today announced the pricing of its upsized underwritten public offering of 4,407,029 shares of its common stock at a price to the public of $25.25 per share. A total of 298,564 shares are being offered by Coupa and a total of 4,108,465 shares are being offered by certain selling stockholders. Closing of the offering is expected to occur on April 18, 2017, subject to customary closing conditions. Coupa will not receive any proceeds from the sale of the shares by the selling stockholders. In addition, Coupa has granted the underwriters a 30-day option to purchase up to an additional 661,054 shares of common stock from Coupa at the public offering price less the underwriting discount.
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 or by email at [email protected]; 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 [email protected]; or from RBC Capital Markets, LLC, Attention: Equity Syndicate, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, or by email to [email protected], or by telephone at (877) 822-4089.
A registration statement relating to these securities has been filed with the SEC and was declared effective on April 11, 2017. 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 [email protected] Media Contact: Global Public Relations Orlando De Bruce 650-485-8629 [email protected]
