DLocal Closes Secondary Stock Offering

MT Newswires Live

09/06

DLocal (DLO) closed a secondary offering of 17.25 million Class A shares at $12.75 apiece.

The offering included 2.25 million shares from the full exercise of the underwriters' option, and the securities were sold by an entity associated with General Atlantic, DLocal said Friday in a statement.

DLocal is not selling any shares in the offering and will not receive any proceeds.

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