other material
confidence high
sentiment neutral
materiality 0.65
ZoomInfo selling stockholders price 20M-share secondary offering at $63; over-allotment of 3M shares
ZoomInfo Technologies Inc.
- Selling stockholders sold 20M shares of Class A common stock at $63.00 per share public price.
- Underwriter Morgan Stanley agreed to purchase shares at $62.00 per share, net of underwriting discounts.
- Selling stockholders granted 30-day over-allotment option for up to 3M additional shares.
- Company did not sell any shares; all net proceeds go to selling stockholders and not to ZoomInfo.
- Secondary offering completed on August 11, 2021.