Zynga (ZNGA) Registers $400M in Shares for Selling Holders
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Zynga Inc. (Nasdaq: ZNGA) announced today that it has filed a registration statement with the U.S. SEC for certain stockholders of Zynga Inc. to offer shares of Class A common stock. Zynga will not receive any proceeds from the sale of the shares.
The principal purposes of the offering are to facilitate an orderly distribution of shares and to increase the company's public float.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. will be the joint bookrunning managers and representatives of the underwriters for the offering.
BofA Merrill Lynch, Barclays Capital Inc. and J.P. Morgan Securities LLC also will be joint bookrunning managers, and Allen & Company LLC will be a senior co-manager for the offering.
The principal purposes of the offering are to facilitate an orderly distribution of shares and to increase the company's public float.
Morgan Stanley & Co. LLC and Goldman, Sachs & Co. will be the joint bookrunning managers and representatives of the underwriters for the offering.
BofA Merrill Lynch, Barclays Capital Inc. and J.P. Morgan Securities LLC also will be joint bookrunning managers, and Allen & Company LLC will be a senior co-manager for the offering.
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