Benzinga | Aug 4, 2021 07:45AM EDT

ZoomInfo Announces 27M Shares By Selling Shareholders To Be Priced At $55.25/Share

ZoomInfo Technologies Inc. ("ZoomInfo") (NASDAQ:ZI) today announced the pricing of the previously announced secondary offering by certain selling stockholders of ZoomInfo, including investment funds affiliated with TA Associates ("TA"), The Carlyle Group ("Carlyle") and 22C Capital LLC ("22C Capital") and an entity affiliated with ZoomInfo's co-founders (together with TA, Carlyle and 22C Capital, the "Selling Stockholders"), of 27,000,000 shares of ZoomInfo's Class A common stock pursuant to ZoomInfo's shelf registration statement filed with the Securities and Exchange Commission (the "SEC") at the public offering price of $55.25 per share. The Selling Stockholders will receive all of the proceeds from this offering. No shares are being sold by ZoomInfo. The last reported sale price of ZoomInfo's Class A common stock on August 3, 2021 was $56.50 per share. The offering is expected to close on August 6, 2021, subject to customary closing conditions.