M&A - Tzuo Tien

Form Type: SCHEDULE 13D/A

Filing Date: 2025-02-19

Corporate Action: Merger

Type: Update

Accession Number: 000114036125005133

Filing Summary: On February 14, 2025, Tien Tzuo, the Reporting Person, filed this Schedule 13D/A to amend the previously filed Schedule 13D related to Zuora, Inc. The amendment describes the completion of a merger where Zodiac Acquisition Sub, Inc. merged with Zuora, Inc., resulting in Zuora becoming a wholly-owned subsidiary of Zodiac Purchaser, L.L.C. Each share of Class A and Class B common stock of Zuora was converted to cash consideration of $10.00 per share at the merger's effective time. Tien Tzuo disposed of a total of 9,912,781 shares of Zuora's Common Stock during this merger, receiving in return 3,972,842.819 Class A-1 Units and 31,232.102 Class P Preferred Units of Zodiac Top Holdco, L.P., in addition to cash. After the merger, Tien Tzuo no longer beneficially owns any shares of Zuora's Common Stock. This amendment also notes the termination of the Support and Rollover Agreement upon consummation of the merger. As of the date of this amendment, the Reporting Person holds zero shares of Common Stock and has not engaged in any transactions concerning Common Stock in the past 60 days.

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