LegalZoom Gives Away $6 Million in Cash and Products to Over 18,000 Small Businesses through its "Fast Break for Small Business" Grant Program
LegalZoom.com, Inc. (LZ)
Company Research
Source: GlobeNewswire
MOUNTAIN VIEW, Calif., Oct. 15, 2024 (GLOBE NEWSWIRE) -- LegalZoom proudly announces the success of its Fast Break for Small Business grant program, a three-year initiative that awarded $6 million in grants and services to over 18,000 small business owners across the U.S. Since October 2021, the program has provided critical resources to underrepresented and emerging entrepreneurs, addressing barriers to growth such as access to capital, legal services, business formation and compliance needs, and financial tools. The need for accessible capital, in particular, remains a pressing issue for many small businesses; over the course of the initiative, LegalZoom received more than 76,000 applications for funds, with more than 40,000 received in 2024 alone. According to the most recent Forbes Small Business Statistics, nearly 40% of small businesses fail due to depleted cash reserves or the inability to secure additional funding. The LegalZoom grant program sought to make a significant
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News
- LegalZoom Announces Appointment of Nathan Gooden to Board of DirectorsGlobeNewswire
- Johnson Fistel has Commenced an Investigation on Behalf of LegalZoom (LZ) ShareholdersGlobeNewswire
- LegalZoom.com, Inc. (NASDAQ: LZ) had its price target raised by analysts at Barclays PLC from $7.00 to $8.00. They now have an "equal weight" rating on the stock.MarketBeat
- LegalZoom.com, Inc. Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- LegalZoom.com, Inc. (NASDAQ: LZ) had its "underweight" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $8.00 price target on the stock.MarketBeat
LZ
Earnings
- 11/6/24 - Beat
LZ
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 3
- 11/19/24 - Form 4
- LZ's page on the SEC website