Cooley Guides LegalZoom on IPO, Concurrent Private Placement

Aggregate gross proceeds total $705.7 million

Los Angeles – July 13, 2021 – Cooley advised LegalZoom.com, 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.

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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 Partner Palo Alto
Barbara Mirza Partner Los Angeles, Palo Alto
Austin Holt Associate Los Angeles
Ross Eberly Associate Los Angeles
Eileen Leman Associate Los Angeles
Jacqueline Grise Partner Washington, DC
Sharon Connaughton Special Counsel Washington, DC
Ellie Guadiana Associate Los Angeles
Arthur Nahas Associate New York
Michael Tollini Partner Washington, DC, New York
Karen Tsai Special Counsel Washington, DC
Amy Saldamando Paralegal Specialist Los Angeles