Welcome to our dedicated page for Legalzoom.Com news (Ticker: LZ), a resource for investors and traders seeking the latest updates and insights on Legalzoom.Com stock.
LegalZoom.com, Inc. reports developments for an online legal services platform serving individuals, entrepreneurs and small businesses. Company news commonly covers business formation and state compliance services, intellectual property and trademark offerings, estate planning, ongoing legal support, and technology-enabled access to attorneys through its independent attorney network and law firm.
Updates also discuss subscription revenue trends, financial results, share repurchases, partnerships that embed LegalZoom services in small-business platforms, and AI-related product enhancements such as Virtual Mail, Grant Finder and human-in-the-loop legal workflows.
LegalZoom priced its initial public offering at $28.00 per share, offering 19,121,000 shares. The offering will start trading on Nasdaq under the symbol 'LZ' on June 30, 2021, with the closing expected on July 2, 2021. An additional 2,868,150 shares may be purchased by underwriters. LegalZoom aims to raise approximately $625.4 million from this offering and a concurrent private placement of 3,214,285 shares to TCV. The SEC declared the registration statement effective on June 29, 2021.