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EverCommerce Inc. NASDAQ:EVCM Chief Executive Officer Eric Richard Remer reported selling 24,500 shares of common stock between September 2 and September 3, 2025. The sales, executed in multiple transactions, fetched prices ranging from $11.1338 to $11.2342, totaling approximately $274,828. The $2.04 billion market cap company currently trades at $11.39, with a strong financial health score according to InvestingPro analysis.
According to a Form 4 filing with the Securities and Exchange Commission, the transactions occurred as follows: On September 2, Remer sold 20,421 shares. On September 3, he sold 4,079 shares.
Also on September 1, 2025, 5,598 shares of common stock were disposed of at a price of $11.26 per share, totaling $63,033, to cover tax obligations related to the vesting of restricted stock units.
Following these transactions, Remer continues to indirectly hold shares through Buckrail Partners, LLC, EMJ Remer Family Trust, Remer Family Trust, and Family Trust 1.
The sales were conducted under a Rule 10b5-1 trading plan established on June 14, 2024.
In other recent news, EverCommerce Inc. reported positive results for its second quarter, with revenue exceeding expectations by $2 million and EBITDA surpassing forecasts by $4.5 million. Piper Sandler responded to these results by raising the company’s stock price target to $10, maintaining a Neutral rating. Additionally, EverCommerce has refinanced its $529.4 million term loan facility, extending the maturity to July 6, 2031, and lowering the interest rate by 25 basis points. The company also extended the maturity of $125 million in revolving credit commitments, enhancing its financial flexibility.
Furthermore, EverCommerce announced amendments to its credit agreement, replacing its existing term loans with a new class of Term B-2 Loans. These developments aim to improve the company’s financial structure and reduce borrowing costs. In corporate governance news, shareholders elected Penny Baldwin-Leonard and Eric Remer as Class I directors at the annual meeting, with their terms set to last until 2028. Shareholders also approved the company’s auditor during the meeting.
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