
Zeta Global has announced a public offering of 13.2 million shares of its Class A common stock, priced at $23.50 per share, with GPI Capital participating. The company has also raised its Q3 revenue forecast to at least $255 million, up from $239.2 million, and its adjusted EBITDA forecast to at least $50.2 million, up from $47.1 million. The stock price saw a 7% increase following the secondary offering, despite an initial drop to $23.
Crazy they sold $ZETA down to 23 last night on share offering despite it raising its outlook again! Now 28... https://t.co/oLDd4LRqNz
$ZETA +7% Thats rockstar performance after a 13m share secondary...............
$ZETA (-2.2% pre) Zeta Global (ZETA) Prices 13.2M Share Offering at $23.50/sh - SI https://t.co/hvsoIhnuYw

