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Zoom announced a proposed offering to raise capital through the sale of its stock or other equity securities.
Companies like Zoom that are publicly traded are required to file for proposed offerings with regulatory agencies.
To fill out the proposed offering, companies must complete the necessary forms, provide details about the offering, financial statements, and any material information required by regulatory authorities.
The purpose is typically to raise funds for business expansion, acquisitions, or to strengthen the company's balance sheet.
The report must include the number of shares being offered, the price range, use of proceeds, and any potential risks associated with the offering.
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