- Everbridge, Inc (NASDAQ:EVBG) forged agreements with certain holders of the company’s outstanding 0.125% convertible senior notes due 2024 to repurchase, with available cash, $99.3 million of the notes for a cash repurchase price of $90.7 million, including accrued interest.
- The repurchases will likely close by November 29, 2022.
- Also Read: Everbridge Shares Gain As It Tops Q3; Trims Workforce
- Everbridge held $489.7 million in cash and equivalents as of September 30.
- Everbridge held $812 million in convertible senior notes as of September 30.
- Price Action: EVBG shares traded higher by 3.26% at $30.39 on the last check Wednesday.
- Photo Via Company
Short Volatility Alert: HomeTrust Bancshares
On Monday, shares of Better World Acquisition Corp. (NASDAQ: HTBI) experienced volatile short activity. After the activity, the stock price moved up 0.45% to $26.77.
The overall sentiment for HTBI has been Bearish.