Zynga (ZNGA) Closes 49.4M Common Secondary Offering at $12/Share

Zynga Inc. (Nasdaq: ZNGA) today announced the completion of an underwritten public offering of an aggregate of 49,414,526 shares of its Class A common stock, including 6,445,373 shares of Class A common stock sold pursuant to the full exercise by the underwriters of their option to purchase additional shares. All of the shares were sold by selling stockholders at a price to the public of $12.00 per share. As part of the offering, all selling stockholders, as well as all officers and directors, agreed to lock-up agreements that extend the transfer restrictions on their shares until at least 90 days following the offering.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Encompass Health Corporation (EHC) files mixed shelf
• Vogenx raises $81.3M in Nasdaq IPO managed by JonesTrading
• ZeroStack to receive $1B in Memecore tokens in equity deal