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ZM Zoom Video Communications Inc

61.82
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zoom Video Communications Inc NASDAQ:ZM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 61.82 61.60 61.67 0 01:00:00

Zoom Video Raises $1.75 Billion in Upsized Offering

13/01/2021 11:28am

Dow Jones News


Zoom Video Communications (NASDAQ:ZM)
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From May 2019 to May 2024

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By Colin Kellaher

 

Zoom Video Communications Inc. said its upsized public offering of 5.15 million shares was priced at $340 apiece, below Tuesday's closing price of $356.81.

The San Jose, Calif., online videoconferencing company said it expects gross proceeds of about $1.75 billion.

Zoom, which on Tuesday had indicated that it planned to raise $1.5 billion in the offering, said it granted the underwriter a 30-day option to buy up to an additional 735,294 shares.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

January 13, 2021 06:13 ET (11:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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