M&A - SLAA II (GP), L.L.C.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-02-19

Corporate Action: Merger

Type: Update

Accession Number: 000095017025023235

Filing Summary: This Amendment No. 3 to Schedule 13D is filed by various entities affiliated with Silver Lake regarding the shares of Class A Common Stock of Zuora, Inc. It summarizes the amendments made since the last filing, specifically detailing the merger of Zuora, Inc. with Zodiac Purchaser, L.L.C. and Zodiac Acquisition Sub, Inc. on February 14, 2025. The merger resulted in Zuora becoming a wholly owned subsidiary of Zodiac Purchaser. Each Class A and Class B common share is converted into $10.00 cash, except for treasury shares and those held by affiliates, which are canceled without consideration. Additionally, significant convertible notes held by Silver Lake were contributed and subsequently canceled. Warrant agreements related to shares are also impacted by the merger, with holders entitled to cash rather than shares due to lower merger consideration. No transactions in Zuora's Class A common stock have occurred by these reporting persons prior to the merger, and they no longer beneficially own over five percent of the Class A shares post-merger.

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