Brief: ZoomInfo As Of March 9 Had About $20 Mln Of Total Cash, Cash Equivalents With Silicon Valley Bank

ZoomInfo Technologies

13/03/2023 11:24

March 13 (Reuters) - ZoomInfo Technologies Inc  ZI.O :
    * ZOOMINFO-AS OF MARCH 9 HAD ABOUT $20 MILLION, OR 3%, OF
TOTAL
CASH, CASH EQUIVALENTS, SHORT TERM INVESTMENTS IN DEPOSIT
ACCOUNTS WITH SILICON VALLEY BANK
    * ZOOMINFO-AS OF MARCH 9 HAD ABOUT 264 MILLION, OR 42% OF
TOTAL
CASH, CASH EQUIVALENTS, SHORT TERM INVESTMENTS IN MONEY MARKET
SECURITIES FOR WHICH SVB ACTS AS CUSTODIAN
    * ZOOMINFO - REGARDLESS OF ACCESS TO DEPOSITS, MONEY MARKET
SECURITIES, AT THIS TIME, HAS SUFFICIENT LIQUIDITY TO MEET
OBLIGATIONS

Further company coverage:  ZI.O 

 ((Reuters.Briefs@thomsonreuters.com;))