- ZoomInfo Technologies Inc's ZI certain selling stockholders, including TA Associates, The Carlyle Group, and 22C Capital LLC and ZoomInfo's co-founders, offered 27 million shares in an upsized secondary offering.
- The estimated gross proceeds are $1.5 billion based on ZoomInfo's Aug. 2 closing price of $54.78. The selling stockholders will receive all of the proceeds from this offering.
- They previously proposed to offer 20 million shares.
- The stock has gained 17.2% year-to-date.
- Price action: ZI shares traded lower by 2.30% at $55.20 in the premarket session on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
