ZoomInfo Technologies Inc. (ZoomInfo), a leading go-to-market intelligence platform for sales and marketing teams, has announced the pricing of its initial public offering of 44.5 million shares of its Class A common stock at a price to the public of $21 per share. ZoomInfo has granted the underwriters a 30-day option to purchase up to an additional 6.675 million shares of Class A common stock. The shares are expected to begin trading on the Nasdaq Global Select Market on June 4, 2020 under the symbol “ZI.” The offering is expected to close on June 8, 2020, subject to customary closing conditions.
Latham & Watkins LLP represented the underwriters in the offering with a corporate team led by partners Marc Jaffe, Jason Licht, and Stelios Saffos, with associates Christopher Clark, Isabel Rivera, and Ajani Husbands. Advice was also provided on tax matters by partner Lisa Watts, with associate Eric Kamerman; on data privacy & security matters by partner Robert Blamires, with associate Cassandra Wang; on intellectual property matters by partner Jeremy Wolsk, with associate Ryan Clore; on benefits & compensation matters by partner Dave Della Rocca, with associate Kirk Porter; on AML, FCPA and sanction matters by partner Eric Volkman, with counsel Rachel Alpert and associate Faiza Hasan; and on environmental, health and safety matters by partner James Barrett.