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Coupa Software Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

SAN MATEO, Calif., October 12, 2016 – Coupa Software Incorporated (“Coupa”) today announced the closing of its initial public offering and the exercise in full of the underwriters’ option to purchase an additional 1,110,000 shares of its common stock.

After the underwriters’ exercise of the option to purchase additional shares, a total of 8,510,000 shares were sold at the price to the public of $18.00 per share for a total of $153,180,000 in aggregate gross proceeds.

A registration statement relating to these securities was filed with, and declared effective by, the U.S. Securities and Exchange Commission on October 5, 2016. Copies of the final prospectus related to the offering may be obtained 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; 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.

About Coupa Software Incorporated
Coupa Software Incorporated provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. Coupa’s platform delivers “Value as a Service” by helping businesses maximize their spend under management, achieve significant cost savings and drive profitability.

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