Lazard completes conversion to Delaware C-Corp, renamed Lazard, Inc., effective Jan 1, 2024

Lazard, Inc.

Effective Jan 1, 2024, Lazard Ltd domesticated from Bermuda to Delaware and renamed Lazard, Inc.
Distributions will be treated as dividends for U.S. tax purposes; shareholders will receive Form 1099-DIV.
Shareholders of record in 2023 will receive a final Schedule K-1 in March 2024.
Common stock continues to trade on NYSE under LAZ; new CUSIP 52110M 109.
CEO Peter R. Orszag says conversion simplifies tax reporting and enhances trading liquidity.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Lazard, Inc.: Adopted new certificate of incorporation and bylaws in connection with redomestication from Bermuda to Delaware (effective 2024-01-01).

Change: charter amendment
Effective: 2024-01-01

Exact text from the filing

The information included in Item 3.03 above is hereby incorporated by reference into this Item 5.03. The new certificate of incorporation and bylaws were effective as of January 1, 2024.

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Lazard, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-000712

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