LZ Technology Holdings Limited Announces Closing of Initial Public Offering

HUZHOU CITY, China, Feb. 28, 2025 (GLOBE NEWSWIRE) -- LZ Technology Holdings Limited (NASDAQ: LZMH) (“LZ Technology” or the “Company”), an information technology and advertising company, today announced the successful closing of its initial public offering of 1,800,000 Class B ordinary shares, par value $0.000025 per share (the “Class B Ordinary Shares”), at a public offering price of $4.00 per share. The offering generated total gross proceeds of approximately $7.2 million, before deducting underwriting discounts and other offering expenses. The Company's Class B Ordinary Shares started trading on the Nasdaq Capital Market on February 27, 2025 under the ticker symbol "LZMH."