AUSTIN, Texas--(BUSINESS WIRE)--
Q2
Holdings, Inc. (NYSE: QTWO), a leading provider of secure,
cloud-based virtual banking solutions, today announced the pricing of
its follow-on public offering of 3,798,996 shares of its common stock at
a price to the public of $25.50 per share. Q2 is offering 853,409 shares
of common stock and certain existing stockholders of Q2 are offering
2,945,587 shares of common stock. In addition, the underwriters of the
offering have been granted a 30-day option to purchase up to an
additional 569,850 shares of common stock from certain of the selling
stockholders, on the same terms and conditions. Q2 will not receive any
proceeds from the sale of the shares by the selling stockholders.
J.P. Morgan and Stifel are serving as joint book-running managers for
the offering with Raymond James, Canaccord Genuity and Needham & Company
acting as co-managers.
A registration statement relating to these securities has been filed
with, and declared effective by, the U.S. Securities and Exchange
Commission. 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.
The offering will be made only by means of a prospectus. A copy of the
final prospectus related to the offering may be obtained, when
available, from J.P. Morgan Securities LLC, c/o: Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by
telephone at (866) 803-9204; or Stifel, Nicolaus & Company,
Incorporated, Attention: Prospectus Dept., One Montgomery Street, Suite
3700, San Francisco, California 94104, or by telephone at (415) 364-2720.
About Q2 Holdings, Inc.:
Q2 Holdings, Inc. (Q2) is a leading provider of secure, cloud-based
virtual banking solutions headquartered in Austin, Texas. Q2 enables
regional and community financial institutions, or RCFIs, to deliver a
robust suite of integrated virtual banking services and engage more
effectively with their retail and commercial account holders who expect
to bank anytime, anywhere and on any device. Q2 solutions are often the
most frequent point of interaction between its RCFI customers and their
account holders. As such, Q2 purpose-built its solutions to deliver a
compelling, consistent user experience across digital channels and drive
the success of its customers by extending their local brands, enabling
improved account holder retention and creating incremental sales
opportunities.
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Source: Q2 Holdings, Inc.