05:03 AM EDT, 03/27/2024 (MT Newswires) -- Zuora ( ZUO ) filed a Tuesday prospectus to allow certain securityholders to offer up to $400 million of 3.95% / 5.50% convertible senior notes due 2029, up to about 27.5 million class A shares that are issuable upon conversion of the notes, and warrants to purchase up to 13.3 million class A shares.

The securityholders acquired the notes, shares, and warrants under a March 2022 offering that is part of an investment agreement with Silver Lake Alpine II, Zuora ( ZUO ) said. The securities may be sold from time to time at prevailing market prices at the time of sale, the company said.