SAN MATEO, Calif.--(BUSINESS WIRE)--
Zuora,
Inc. (NYSE: ZUO) today announced the closing of its initial public
offering and the full exercise of the underwriters’ option to purchase
1,650,000 additional shares of its Class A common stock. Zuora sold
12,650,000 shares of its Class A common stock, including the shares sold
upon exercise of the underwriters’ option to purchase additional shares,
at a price to the public of $14.00 per share. The shares began trading
on the New York Stock Exchange on April 12, 2018 under the symbol “ZUO.”
Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC acted as the joint
lead bookrunners for the offering. Allen & Company LLC and Jefferies LLC
acted as bookrunners. Canaccord Genuity LLC and Needham & Company, LLC
acted as co-managers.
The offering was made only by means of a prospectus. Copies of the final
prospectus related to the offering may be obtained from Goldman Sachs &
Co. LLC, Attention: Prospectus Department, 200 West Street, New York,
New York 10282, or by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com;
or from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180
Varick Street, 2nd Floor, New York, New York 10014.
A registration statement related to these securities has been filed
with, and declared effective by, the U.S. Securities and Exchange
Commission. This press release shall not constitute an offer to sell or
a solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
SOURCE Zuora Financial
© 2018 Zuora, Inc. All Rights Reserved. Zuora is a trademark of Zuora,
Inc.
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https://www.businesswire.com/news/home/20180416006126/en/
Zuora, Inc.
Press
Jayne Scuncio, 408-348-1087
press@zuora.com
or
Investors
Joon
Huh, 650-419-1377
investorrelations@zuora.com
Source: Zuora, Inc.