Zenvia Extends Movidesk Earnout Payment Terms to 2032

Reuters
Feb 05
Zenvia Extends Movidesk Earnout Payment Terms to 2032

Zenvia Inc., a leading SaaS customer experience platform in Latin America, has successfully renegotiated the earnout related to its acquisition of Movidesk. The outstanding amount of approximately BRL 253 million will now be paid over 72 months, with final maturity in December 2032. The agreement allows Zenvia the option to convert about BRL 100 million of the total debt into equity during certain specified periods. Payment terms include BRL 2 million in monthly installments throughout 2026, BRL 3 million in monthly installments during 2027, and the remaining balance in fixed monthly installments from 2028 to 2032.

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