04:14 PM EDT, 07/24/2024 (MT Newswires) -- LZ Technology Holdings said in a Wednesday filing it expects to price its initial public offering of 10 million Class B shares at $4 to $6 apiece for expected net proceeds of $45.4 million.
Underwriters have been granted a 45-day option to buy up to 1.5 million additional shares, the company said.
LZ said it has applied to list the Class B shares on Nasdaq under the ticker LZMH.
The closing of the offering is subject to Nasdaq's final approval of the company's listing application, LZ said.