Bill.com

Bill.com Appoints Germaine Cota as Senior Vice President, Finance & Accounting

Retrieved on: 
Monday, January 24, 2022

Bill.com (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and midsize businesses (SMBs), announced today the appointment of Germaine Cota to the position of Senior Vice President, Finance & Accounting.

Key Points: 
  • Bill.com (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and midsize businesses (SMBs), announced today the appointment of Germaine Cota to the position of Senior Vice President, Finance & Accounting.
  • Ms. Cota will oversee global accounting operations, financial reporting, tax, and treasury functions at Bill.com and report to Executive Vice President and Chief Financial Officer John Rettig.
  • Ms. Cota brings significant experience in finance, technical accounting, and leadership to Bill.com.
  • Ms. Cota holds a bachelor of science degree in Accounting from Santa Clara University and is a Certified Public Accountant in California.

Bill.com to Report Second Quarter Fiscal 2022 Financial Results on February 3, 2022

Retrieved on: 
Monday, January 10, 2022

Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and midsized businesses (SMBs), will report financial results for its fiscal second quarter ended December 31, 2021, after the market close on Thursday, February 3, 2022.

Key Points: 
  • Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and midsized businesses (SMBs), will report financial results for its fiscal second quarter ended December 31, 2021, after the market close on Thursday, February 3, 2022.
  • Bill.com will host a webcast at 1:30pm PT (4:30pm ET) on Thursday, February 3, 2022 to discuss the results.
  • The news release with the financial results and a link to the webcast will be accessible at the Bill.com investor relations website ( https://investor.bill.com ).
  • Bill.com is a leading provider of cloud-based software that simplifies, digitizes, and automates complex, back-office financial operations for small and midsize businesses.

Invoice2go Announces ‘Grow by Invoice2go’ Program to Help Minority-Led Small Businesses Build Equity

Retrieved on: 
Wednesday, December 1, 2021

All qualified small business owners from underrepresented communities are encouraged to apply for their chance at building deserved equity, stability and growth for their companies.

Key Points: 
  • All qualified small business owners from underrepresented communities are encouraged to apply for their chance at building deserved equity, stability and growth for their companies.
  • Daunted at the prospect of manually submitting invoices to his employer, he was recommended Invoice2go to help streamline his accounts receivables.
  • At Invoice2go, we believe that small businesses are the lifeblood of our communities, said Mark Lenhard, Invoice2go CEO and Bill.com COO.
  • Invoice2go, a subsidiary of Bill.com, is a technology company that empowers freelancers and small businesses with straightforward tools that simplify their day-to-day workflow.

VergeSense Raises $60 Million in Series C to Accelerate Development and Innovation in Workplace Analytics

Retrieved on: 
Tuesday, November 9, 2021

This investment will help the company accelerate platform innovation and growth as the market increasingly requires data and insights to drive necessary workplace transformation.

Key Points: 
  • This investment will help the company accelerate platform innovation and growth as the market increasingly requires data and insights to drive necessary workplace transformation.
  • Click to Tweet : @VergeSense Raises $60 Million in Series C for Accelerated Innovation of its Workplace Analytics Platform: https://ctt.ac/2C94d+ #proptech #futureofwork
    With 74% of enterprise companies returning to the office adopting a hybrid work model, business leaders are lookingfor new ways to maximize office space investments that foster employee productivity, culture and collaboration.
  • About VergeSense VergeSense is a Workplace Analytics Platform trusted by enterprises across the globe.
  • Today VergeSense analyzes over 40 million square feet and supports customers across 29 countries, including 26 of the Fortune 500.

Marqeta and Bill.com Partner to Power New Commercial Card Programs for Financial Institution Customers

Retrieved on: 
Wednesday, October 27, 2021

Marqeta supports some of the worlds leading innovators at scale by providing advanced infrastructure and tools for building highly configurable payment solutions.

Key Points: 
  • Marqeta supports some of the worlds leading innovators at scale by providing advanced infrastructure and tools for building highly configurable payment solutions.
  • Bill.com will expand its card payment capabilities through Marqetas modern card issuing platform, representing a significant new customer win for Marqeta and an innovative application of its platform in enterprise payments.
  • This new partnership assists Bill.coms business goals to digitize payments and streamline accounts payable workflows for financial institution customers.
  • Were excited for the opportunity to work with Bill.com to support new modern card issuing capabilities for their financial institution partners, helping their customers to streamline payments and process payments faster, said Jason Gardner, Founder, and CEO of Marqeta.

Bill.com Announces Closing of $1.38 Billion of Common Stock, Including Full Exercise of Underwriters’ $180.0 Million Option to Purchase Additional Shares

Retrieved on: 
Friday, September 24, 2021

Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.

Key Points: 
  • Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.
  • Jefferies LLC, Deutsche Bank Securities Inc., Barclays Capital Inc. and KeyBanc Capital Markets Inc. acted as bookrunners for the offering.
  • Canaccord Genuity LLC, Needham & Company, LLC, Nomura Securities International, Inc., Oppenheimer & Co. Inc., Piper Sandler & Co. and William Blair & Company, L.L.C.
  • Bill.com estimates that the net proceeds from the offering will be approximately $1.34 billion, after deducting the underwriters discount and estimated offering expenses payable by Bill.com.

Bill.com Announces Closing of $575.0 Million of 0% Convertible Senior Notes due 2027, Including Full Exercise of Initial Purchasers’ $75.0 Million Option to Purchase Additional Notes

Retrieved on: 
Friday, September 24, 2021

The proceeds include the full exercise of the $75.0 million option granted by Bill.com to the initial purchasers of the notes.

Key Points: 
  • The proceeds include the full exercise of the $75.0 million option granted by Bill.com to the initial purchasers of the notes.
  • The notes are senior, unsecured obligations of Bill.com, will not bear regular interest, and the principal amount of the notes will not accrete.
  • The notes will mature on April 1, 2027, unless earlier converted, redeemed or repurchased in accordance with the terms of the notes.
  • The notes have an initial conversion rate of 2.4108 shares of common stock per $1,000 principal amount of notes (which is subject to adjustment in certain circumstances).

Bill.com Announces Pricing of Upsized Offering of $1.2 Billion of Common Stock

Retrieved on: 
Wednesday, September 22, 2021

The size of the offering was increased from the previously announced $1.0 billion of shares of common stock.

Key Points: 
  • The size of the offering was increased from the previously announced $1.0 billion of shares of common stock.
  • Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.
  • Jefferies LLC, Deutsche Bank Securities Inc., Barclays Capital Inc. and KeyBanc Capital Markets Inc. are acting as bookrunners for the offering.
  • Canaccord Genuity LLC, Needham & Company, LLC, Nomura Securities International, Inc., Oppenheimer & Co. Inc., Piper Sandler & Co. and William Blair & Company, L.L.C.

Bill.com Announces Pricing of Offering of $500.0 Million of 0% Convertible Senior Notes Due 2027

Retrieved on: 
Wednesday, September 22, 2021

Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it has priced $500.0 million aggregate principal amount of 0% convertible senior notes due 2027 (the notes).

Key Points: 
  • Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it has priced $500.0 million aggregate principal amount of 0% convertible senior notes due 2027 (the notes).
  • The notes will be senior, unsecured obligations of Bill.com, will not bear regular interest, and the principal amount of the notes will not accrete.
  • The notes will mature on April 1, 2027, unless earlier converted, redeemed or repurchased in accordance with the terms of the notes.
  • The notes will have an initial conversion rate of 2.4108 shares of common stock per $1,000 principal amount of notes (which is subject to adjustment in certain circumstances).

Bill.com to Offer $500.0 Million of Convertible Senior Notes Due 2027

Retrieved on: 
Tuesday, September 21, 2021

Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it proposes to offer $500 million aggregate principal amount of convertible senior notes due 2027 (the notes), subject to market conditions and other factors.

Key Points: 
  • Bill.com Holdings, Inc. (NYSE: BILL) (Bill.com) today announced that it proposes to offer $500 million aggregate principal amount of convertible senior notes due 2027 (the notes), subject to market conditions and other factors.
  • The notes will be senior, unsecured obligations of Bill.com, and interest will be payable semiannually in arrears.
  • The notes will mature on April 1, 2027, unless earlier converted, redeemed or repurchased in accordance with the terms of the notes.
  • The interest rate, conversion rate, offering price and other terms are to be determined upon pricing of the notes.