ZoomInfo board approves elimination of UP-C structure, move to single-class common stock

ZoomInfo Technologies Inc.

Board unanimously approved eliminating UP-C structure; all shareholders will hold single-class common stock with one vote per share.
Target completion in Q4 2021; expects reduced complexity, lower compliance costs, and eligibility for index inclusion.
Expects to record net assets exceeding $800M from OpCo unit conversion, with deferred tax assets and TRA liabilities over 15-20 years.
Q2 2021 revenue $174M (+57% YoY); record >1,100 customers with $100K+ annual contract value.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.