- June 30, 2021
- Posted by: Stratford Team
- Category: Business
GLENDALE, Calif.–(BUSINESS WIRE)–LegalZoom.com, Inc. (“LegalZoom”), today announced the pricing of its initial public offering of an aggregate of 19,121,000 shares of common stock at a price to the public of $28.00 per share. In addition, LegalZoom has granted the underwriters a 30-day option to purchase up to an additional 2,868,150 shares of its common stock at the public offering price, less underwriting discounts and commissions.
The shares are expected to begin trading on the Nasdaq Global Select Market on June 30, 2021 under the symbol “LZ” and the offering is expected to close on July 2, 2021, subject to customary closing conditions.
J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Barclays Capital Inc. are acting as lead book-running managers for the proposed offering. BofA Securities, Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and Jefferies LLC are acting as book-running managers for the…