LegalZoom (LZ) Announces 15.1M Share Secondary Offering

Go back to LegalZoom (LZ) Announces 15.1M Share Secondary Offering

LegalZoom Announces Secondary Offering of Shares of Common Stock

November 8, 2023 4:44 PM EST

MOUNTAIN VIEW, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ) announced today that LucasZoom, LLC, an affiliate of investment funds advised by Permira Advisers LLC (the Selling Stockholder), intends to offer 15,099,993 shares of LegalZooms common stock in an underwritten public offering (the Secondary Offering).

LegalZoom is not offering any shares of its common stock in the Secondary Offering and will not receive any proceeds from the sale of shares of common stock in the Secondary Offering.

RBC Capital Markets is acting as sole underwriter for the Secondary Offering. The underwriter... More