LEGALZOOM.COM, INC. (LZ): M&A transaction — LegalZoom sells Austin property for $37.75M in cash to Round Rock ISD

LEGALZOOM.COM, INC.

Sold 9900 Spectrum Drive, Austin, TX to Round Rock Independent School District for $37.75M cash.
Sale closed March 31, 2025; no material relationships between parties.
Proceeds from sale not specified; purpose of sale not disclosed.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

LEGALZOOM.COM, INC. completed a disposition involving Round Rock Independent School District for $37,750,000 in cash (closed 2025-03-31).

Action: disposition
Counterparty: Round Rock Independent School District
Consideration: $37,750,000 in cash
Closing: 2025-03-31

Exact text from the filing

On March 31, 2025, LegalZoom.com, Inc. (“LegalZoom”), through its wholly owned subsidiary, 9900 Spectrum LLC, a Texas limited liability company (“Seller”), closed on the sale of its real property located at 9900 Spectrum Drive, Austin, Texas 78717 (the “Property”) to Round Rock Independent School District (“Buyer”), pursuant to that Property Purchase Agreement and Escrow Instructions, dated as of September 23, 2024, by and among the Seller and Buyer. The Property was sold for an aggregate purchase price of $37,750,000 in cash.

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LEGALZOOM.COM, INC. filing history →

Source: SEC EDGAR

accession 0001193125-25-070388

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