Zeta Global Holdings Corp. (“Zeta”) (NYSE: ZETA), the AI-Powered
Marketing Cloud, announced today the commencement of an
underwritten public offering of an aggregate of 11,000,000 shares
of its Class A common stock. Zeta is offering 8,800,000 shares and
GPI Capital Gemini HoldCo LP (the “Selling Stockholder”) is
offering 2,200,000 shares. Zeta and the Selling Stockholder intend
to grant the underwriters a 30-day option to purchase up to an
additional 1,320,000 and 330,000 shares, respectively, at the
public offering price, less underwriting discounts and
commissions.
Zeta intends to use the net proceeds from the offering for
general corporate purposes which may include future acquisitions.
Zeta will not receive any of the proceeds from the sale of shares
by the Selling Stockholder in the offering.
Morgan Stanley, Goldman Sachs & Co. LLC, BofA Securities,
Citigroup and KKR Capital Markets LLC are acting as joint
book-running managers for the Offering.
The public offering is being made pursuant to an automatic shelf
registration statement on Form S-3 that was filed by Zeta with the
U.S. Securities and Exchange Commission (the “SEC”) and
automatically became effective upon filing. A preliminary
prospectus supplement and accompanying prospectus relating to and
describing the terms of the offering have been filed with the SEC
and are available on the SEC’s website at www.sec.gov. When
available, copies of the preliminary prospectus supplement and
accompanying prospectus, as well as copies of the final prospectus
supplement once available, may be obtained by contacting: Morgan
Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick
Street, 2nd Floor, New York, NY 10014; Goldman Sachs & Co. LLC,
Attention: Prospectus Department, 200 West Street, New York, New
York 10282, by phone at 1-866-471-2526, by facsimile at
1-212-902-9316, or by email at: prospectus-ny@ny.email.gs.com; BofA
Securities, Attention: Prospectus Department, NC1-022-02-25, 201
North Tryon Street, Charlotte, North Carolina 28255-0001, by phone
at 1-800-294-1322, or by email: dg.prospectus_requests@bofa.com;
Citigroup Global Markets Inc. at 388 Greenwich Street, New York,
New York 10013, Attention: General Counsel, facsimile number: +1
(646) 291-1469; or KKR Capital Markets LLC, Attention: Prospectus
Delivery, 30 Hudson Yards, 75th Floor, New York, NY 10001.
This release shall not constitute an offer to sell or a
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or other jurisdiction
in which such offer, solicitation or sale would be unlawful prior
to the registration or qualification under the securities laws of
any such state or other jurisdiction.
Forward-Looking Statements
This press release, together with other statements and
information publicly disseminated by the Company, contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company intends
such forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995 and includes this
statement for purposes of complying with these safe harbor
provisions. Any statements made in this press release that are not
statements of historical fact, including those relating to the
timing, size and other terms of the offering and the anticipated
use of proceeds from the offering are forward-looking statements
and should be evaluated as such. Forward-looking statements include
information concerning our anticipated future financial
performance, our market opportunities and our expectations
regarding our business plan and strategies. These statements often
include words such as “anticipate,” “believe,” “could,”
“estimates,” “expect,” “forecast,” “intend,” “may,” “plan,”
“projects,” “should,” “suggests,” “targets,” “will,” “would” or the
negative of these terms or other similar expressions. We base these
forward-looking statements on our current expectations, plans and
assumptions that we have made in light of our experience in the
industry, as well as our perceptions of historical trends, current
conditions, expected future developments and other factors we
believe are appropriate under the circumstances at such time.
Although we believe that these forward-looking statements are based
on reasonable assumptions at the time they are made, you should be
aware that many factors could affect our business, results of
operations and financial condition and could cause actual results
to differ materially from those expressed in the forward-looking
statements. These statements are not guarantees of future
performance or results.
The forward-looking statements are subject to and involve risks,
uncertainties and assumptions, and you should not place undue
reliance on these forward-looking statements. Factors that may
materially affect such forward-looking statements include, but are
not limited to: the important factors discussed in Item 1A of
Zeta’s Annual Report on Form 10-K for the year ended December 31,
2023, and Forms 10-Q and 8-K subsequently filed with the SEC. Such
statements in this release are based upon information available to
Zeta as of the date of this release, and while Zeta believes such
information forms a reasonable basis for such statements, such
information may be limited or incomplete, and such statements
should not be read to indicate that Zeta has conducted an
exhaustive inquiry into, or review of, all potentially available
relevant information. These statements are inherently uncertain and
investors are cautioned not to unduly rely upon these statements.
Zeta qualifies all of its forward-looking statements by these
cautionary statements. Except as required by applicable law, Zeta
does not plan to publicly to update or revise any forward-looking
statements contained in this release, whether as a result of any
new information, future events.
About Zeta
Zeta Global (NYSE: ZETA) is the AI-Powered Marketing Cloud that
leverages advanced artificial intelligence (AI) and trillions of
consumer signals to make it easier for marketers to acquire, grow,
and retain customers more efficiently. Through the Zeta Marketing
Platform (ZMP), our vision is to make sophisticated marketing
simple by unifying identity, intelligence, and omnichannel
activation into a single platform – powered by one of the
industry’s largest proprietary databases and AI. Our enterprise
customers across multiple verticals are empowered to personalize
experiences with consumers at an individual level across every
channel, delivering better results for marketing programs. Zeta was
founded in 2007 by David A. Steinberg and John Sculley and is
headquartered in New York City with offices around the world.
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version on businesswire.com: https://www.businesswire.com/news/home/20240904669356/en/
Investor Relations Scott Schmitz ir@zetaglobal.com
Press James A. Pearson press@zetaglobal.com
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