Q2 Holdings launches follow-on offering of common stock

Q2 Holdings, Inc. (NYSE: QTWO) said it has commenced a roadshow to market its common stock in connection with its proposed follow-on public offering.

Q2 and certain of its stockholders are proposing to sell an aggregate of 3,798,996 shares, consisting of 853,409 shares to be offered by Q2 and 2,945,587 shares to be offered by the selling stockholders. In addition, the underwriters will be granted an option to purchase up to 569,850 additional shares from certain of 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.