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LZ Technology Sets IPO Price Range at $4-$6 per Share
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LZ Technology Sets IPO Price Range at $4-$6 per Share
Jul 24, 2024 1:21 PM

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.

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