Brief: Legalzoom.Com Inc Says Audit Committee Concluded That Previously Issued QTRLY Financial Statements Of Co For Q1 2022 Were Materially Misstated

LegalZoom.com

17/02/2023 23:26

Feb 17 (Reuters) - LegalZoom.com Inc  LZ.O :
    * LEGALZOOM.COM INC - ON FEB 16, AUDIT COMMITTEE CONCLUDED
THAT
PREVIOUSLY ISSUED QTRLY FINANCIAL STATEMENTS OF CO FOR Q1 2022
WERE MATERIALLY MISSTATED
    * LEGALZOOM.COM INC - AS A RESULT, QUARTERLY FINANCIAL
STATEMENTS
INCLUDED IN Q1 2022 FORM 10-Q REQUIRE RESTATEMENT AND SHOULD NO
LONGER BE RELIED UPON
    * LEGALZOOM.COM -  IMPACT OF RESTATEMENT AND OTHER
IMMATERIAL
REVISIONS DESCRIBED BELOW WILL REDUCE NET LOSS BY $4.9 MILLION
FOR Q1 2022
    * LEGALZOOM.COM INC - RESTATEMENT OF QUARTERLY FINANCIAL
STATEMENTS DOES NOT IMPACT COMPANY'S REPORTED CASH FLOWS OR ITS
CASH POSITION
    * LEGALZOOM.COM -  COMPANY DOES NOT INTEND TO FILE AN
AMENDED Q1
2022 FORM 10-Q

Further company coverage:  LZ.O