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LegalZoom.com Priced, Nasdaq: LZ

Provides legal and compliance solutions in the US.

Industry: Industrials

Latest Trade: $11.86 +0.05 (+0.4%)

First Day Return: +35.2%

Return from IPO: -57.8%

Industry: Industrials

LegalZoom is a leading online platform for legal and compliance solutions in the United States. In 2020, 10% of new limited liability companies, or LLCs, and 5% of new corporations in the United States were formed via LegalZoom. Our unique position at business inception allows us to become a trusted business advisor, supporting the evolving needs of a new business across its lifecycle. Along with formation, LegalZoom offerings include ongoing compliance and tax advice and filings, trademark filings, and estate plans. Additionally, we have unique insights into our customers and leverage our product as a channel to introduce small businesses to leading brands in our partner ecosystem, solving even more of their business needs. We operate across all 50 states and over 3,000 counties in the United States, and have more than 20 years of experience navigating complex regulation and simplifying the legal and compliance process for our customers. LegalZoom commenced operations in 2000 so more people could access legal help. Initially, we focused on business formation, intellectual property, and estate planning. Over the years, we have expanded our offerings to cover a broader set of legal, compliance, tax and business services for small businesses. In 2020, we helped form 10% of all new LLCs and helped incorporate 5% of all new corporations in the United States.
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IPO Data
IPO File Date 06/04/2021
Offer Price $28.00
Price Range $24.00 - $27.00
Offer Shares (mm) 19.1
Deal Size ($mm) $535
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/29/2021
Offer Price $28.00
Price Range $24.00 - $27.00
Offer Shares (mm) 19.1
Deal Size ($mm) $535
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters Glendale, CA, United States
Founded 1999
Employees 1,055
Website www.legalzoom.com

LegalZoom.com (LZ) Performance