Demand For Zoom Inc (ZM) Shares Overdid Company Expectations, Resulting In $2 Billion Sale
One of the world’s top videoconferencing platforms, Zoom Video Communications (ZM), has raised $2 billion in a secondary share issue. The Wall Street Journal reported that Zoom CFO Kelly Steckelberg said that Zoom initially expected to receive $1.5-1.75 billion but received more thanks to investors’ high demand. According to a Zoom Inc (ZM) press release, […]