On April$18,2019,$ the video conferencing company$,$ Zoom completed its IPO on the Nasdaq. Zoom sold $9$ comma $911$ comma $434$ shares of Class A stock with $1$ vote per share at an offer price of $$$$34$ and underwriter discount of $ $1\mathrm{.}85$ per share. Zoom$\text{'}$s closing stock price on the first day of trading on the secondary market was $$$$61\mathrm{.}68,$ and $24070086$Class A shares were outstanding. There were also $232$ comma $318$ comma $285$ shares of Class B common stock with $10$ votes each outstanding and held privately by Zoom insiders.