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Zoom raises USD 1.75 billion in secondary share offering

Wednesday 13 January 2021 | 09:03 CET | News
Zoom Video Communications has priced an offering of over 5 million shares at USD 340 per unit. The offering is expected to generate USD 1.75 billion, before deductions, commissions and expenses. The shares was priced just above the company's last closing price before the offering was announced, of USD 337.71. The stock finished the day up 5.7 percent at USD 356.81.

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Categories: Internet
Companies: Zoom Video Communications
Countries: World
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