Avalara Announces Confidential Submission of Draft Registration Statement

DURHAM, N.C., July 21, 2025 /PRNewswire/ -- Avalara, Inc. today announced that its parent company has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") relating to the proposed public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed public offering remains subject to the completion of the SEC review process, as well as market and other conditions.

This press release is being issued pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended ("Securities Act"), and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.

About Avalara

Avalara automates tax and compliance. The Avalara AI Tax & Compliance Platform powers tax calculation, documentation management, and regulatory filings within a single system to deliver a portfolio of solutions.

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SOURCE Avalara, Inc.