LegalZoom Unveils First Confidential Submission

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May 10, 2012

LegalZoom, an online provider of services that meet the legal needs of small businesses and consumers, has unveiled the first confidential submission of a Form S-1 under the JOBS Act. Under the JOBS Act, an emerging growth company is entitled to submit a draft Form S-1 to the SEC for confidential review instead of filing it publicly as long as the Form S-1 is filed publicly no later than 21 days before the road show commences. On May 10, 2012, LegalZoom publicly filed a Form S-1, disclosing that a draft of its Form S-1 had been confidentially submitted on April 5, 2012—the first such submission under the JOBS Act and the very day the act was enacted.

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Topic:News