Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LZ | Common Stock | Sale | -$20M | -2.09M | -12.18% | $9.55 | 15.1M | Oct 19, 2023 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Pursuant to a stock purchase agreement, dated September 5, 2023, LucasZoom, LLC ("LucasZoom") sold 2,094,240 shares of Common Stock to entities affiliated with Technology Crossover Ventures, which was consummated on October 20, 2023, following the satisfaction of the final material closing condition on October 19, 2023. |
F2 | Lucazoom S.a.r.l. ("Lucazoom") is the sole member of LucasZoom. Permira V L.P.2 ("Permira V") is the controlling shareholder of Lucazoom. Permira V acts through its general partner, Permira V GP L.P. ("Permira V GP"), which acts through its general partner, Permira V GP Limited (together with Lucazoom, Permira V and Permira V GP, the "Permira Entities"). |
F3 | The Permira Entities may be deemed to share voting and dispositive power over the Common Stock held by LucasZoom but disclaim beneficial ownership of such Common Stock except to the extent of their pecuniary interest therein. |
Dipan Patel currently serves on the board of directors of the Issuer as the Reporting Persons' representative, and therefore each of the Reporting Persons may be deemed a "director by deputization" of the Issuer.