dLocal Ltd., a technology-first payments platform listed on NASDAQ under the ticker DLO, has successfully closed a secondary offering of 17,250,000 Class A common shares. This includes 2,250,000 shares sold through the full exercise of the underwriters' option. The shares were sold by an entity associated with General Atlantic at a price of $12.75 per share. Notably, dLocal itself is not selling any shares in this offering and will not receive any proceeds. The offering was managed by an underwriting group led by J.P. Morgan, Goldman Sachs & Co. LLC, and Morgan Stanley, with BTG Pactual and Citigroup also acting as joint bookrunners.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. dLocal Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9524391-en) on September 05, 2025, and is solely responsible for the information contained therein.