您现在的位置是:Entertainment >>正文
【jaffrey new hampshire obituaries】ZoomInfo IPO: What You Need To Know
Entertainment6852人已围观
简介If you’re looking for fresh exposure to artificial intelligence and machine learning, this B2B datab ...
If you’re looking for fresh exposure to artificial intelligence and machine learning,jaffrey new hampshire obituaries this B2B database wants your capital.
The IPO
ZoomInfo Technologies Inc.
(NASDAQ:
ZI
) will issue 44.5 million shares on the Nasdaq under ticker "ZI," according to the firm’s S-1 filing. Priced between $16 and $18, the offering represents 98.1% of outstanding shares and is expected to bring in about $921.2 million.
On Thursday morning, the IPO was priced at $21 per share.
The lead underwriters include JPMorgan and Morgan Stanley.
The company qualifies as an emerging growth company under the U.S. JOBS Act, which exempts management from certain SEC disclosure requirements.
The Company
ZoomInfo guides business-to-business sales and marketing teams with a cloud-based business-insights platform meant to “shorten sales cycles and increase win rates.” The product uses predictive lead and scoring data and automated sales tools to help target customers and improve sales efficiency.
It currently hosts about 202,000 paid users from 15,000 companies and delivers analytics on about 14 million targeted businesses. Management claims a total addressable market of about $24 billion with current penetration around 2%.
ZoomInfo has been active since 2007. The company operated under the name DiscoverOrg until February 2019, when it acquired Zoom Information and subsequently rebranded.
The Finances
In 2019, the combined entities of DiscoverOrg and ZoomInfo recorded revenue of $293.3 million for a net loss of $78 million. The previous year saw revenue of $144.3 million for a loss of $28.6 million.
Related Links:
Nasdaq To Restrict Chinese Listings With New Strict IPO Requirements: Report
Carvana Rival Online Car Seller Vroom Files To Go Public
See more from Benzinga
US Initial Jobless Claims Fall Week-Over-Week, Coronavirus 'Continues To Weigh On Businesses Of All Sizes'
Warner Music IPO: What You Need To Know
Why Shopify — And Not Zoom — Is The Stock To Chase Right Now
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
View comments
Tags:
相关文章
Wall Street Week Ahead: Bond investors look for Fed to justify steepening yield curve
EntertainmentBy David RandallNEW YORK (Reuters) - Expectations that the global economy has dodged the worst-case ...
阅读更多Bitcoin – Stuck in a New Range. Break Out or Break Down!
EntertainmentBitcoin fell by 0.15% on Thursday. Reversing a 0.08% gain from Wednesday, Bitcoin ended the day at $ ...
阅读更多BRIEF-China Eastern Airlines' Vice Chairman Resigns Due To Change In Job Role
EntertainmentFeb 1 (Reuters) - China Eastern Airlines Corp Ltd :* SAYS VICE CHAIRMAN, GENERAL MANAGER MA XULUN RE ...
阅读更多
热门文章
- Capstar Financial Holdings, Inc. (NASDAQ:CSTR) Passed Our Checks, And It's About To Pay A US$0.05 Dividend
- Keanu Reeves and co-star Ana de Armas have fun in Instagram snaps
- Trump expects second Kim meeting in 'not-too-distant future'
- French regulator orders Google to review ads policies
- Do Hedge Funds Love Brooge Energy Limited (BROG)?
- Andrews Sykes Group plc (LON:ASY) Is Employing Capital Very Effectively
最新文章
-
AP Top Extended Financial Headlines at 9:52 p.m. EST
-
Morning News Call - India, January 3
-
Boies v. Billionaire, A Special Counsel Surprise?, Criminal Justice Revamp: The Morning Minute
-
Why Sundram Fasteners Limited’s (NSE:SUNDRMFAST) Return On Capital Employed Is Impressive
-
Organic elderberries recalled over possible salmonella contamination
-
Isabel dos Santos slams Angolan court for seizing $1 billion
友情链接
- Dollar Slumps to Multi-year Lows; EUR/USD tracks 1.20
- INVESTOR ALERT: Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Hallmark Financial Services Inc.
- Here is Why Growth Investors Should Buy Brinker International (EAT) Now
- What Cineworld Group plc’s (LON:CINE) ROE Can Tell Us
- ServiceNow (NOW) Set to Acquire AI-Focused Startup Element AI
- How Does Ensign Group's (NASDAQ:ENSG) P/E Compare To Its Industry, After The Share Price Drop?
- Otter Tail (OTTR) Tops Q3 Earnings and Revenue Estimates
- These ETF Areas Make Great Investment Choices in June
- Earnings Preview: Novanta (NOVT) Q3 Earnings Expected to Decline
- Coronavirus has crippled global protest movements