Cooley Guides LegalZoom on IPO, Concurrent Private Placement

Aggregate gross proceeds total $705.7 million

Los Angeles – July 13, 2021 – Cooley advised, Inc. on its initial public offering of 21,989,150 shares of common stock, which includes the full exercise of the underwriters’ option to purchase additional shares, at a public offering price of $28.00 per share, and the concurrent sale of 3,214,285 additional shares of common stock in a private placement at the public offering price of $28.00 per share – for aggregate gross proceeds totaling $705.7 million. Partners Tom Hopkins, Jodie Bourdet and Jonie Kondracki led the Cooley team advising LegalZoom.

J.P. Morgan, Morgan Stanley and Barclays acted as lead book-running managers for the offering. BofA Securities, Citigroup, Credit Suisse and Jefferies acted as book-running managers for the offering. JMP Securities, Raymond James, William Blair, AmeriVet Securities, Penserra Securities LLC, Siebert Williams Shank and Telsey Advisory Group acted as co-managers for the offering.

LegalZoom, whose securities now trade on the Nasdaq Global Select Market under the symbol “LZ,” is a leading online platform for legal and compliance solutions in the US that is on a mission to democratize law. Driven by its core value that every business deserves the full protection of the legal system and a simple way to stay compliant with it, LegalZoom helps its customers form and protect their businesses, their ideas and families. It operates across all 50 states and 3,000+ counties in the US and has more than 20 years of experience navigating complex regulations and simplifying the legal and compliance process for its customers.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,200 lawyers across 17 offices in the United States, Asia and Europe.

Related Contacts
C. Thomas Hopkins  Partner in Charge – Los Angeles Los Angeles, San Diego
Jodie Bourdet  Partner San Francisco
Jonie Kondracki  Partner San Francisco
Julia Stark  Associate Seattle
Erika G. Kaneko  Associate New York
Sean O'Neill  Associate Los Angeles
Sarah Choi  Associate Los Angeles
Sam Thompson  Associate Los Angeles
Evann P. Hall  Associate Los Angeles
David Navetta  Partner Colorado
Alexander Lee  Partner Los Angeles
Mark Windfeld-Hansen  Senior Counsel Palo Alto
Barbara Mirza  Partner Los Angeles, Palo Alto
Austin Holt  Associate Los Angeles
Ross Eberly  Partner Los Angeles
Eileen Leman  Associate Los Angeles
Jacqueline Grise  Partner Washington, DC
Sharon Connaughton  Special Counsel Washington, DC
Ellie Guadiana  Associate Los Angeles
Michael Tollini  Partner Washington, DC, New York
Karen Tsai  Special Counsel Washington, DC
Amy Saldamando  Paralegal Specialist Los Angeles