MercadoLibre, Inc. Announces Pricing of Follow-on Offering by Stockholders
October 13 2016 - 9:51PM
MercadoLibre, Inc. (NASDAQ:MELI), a leading Latin American
e-commerce technology company, announced today the pricing of an
underwritten public offering of 7,100,000 shares of its common
stock offered by its existing stockholders, eBay Inc., and eBay’s
subsidiary, eBay International Treasury Center S.à r.l. (together
referred to as the “Selling Stockholders”) at a price to the public
of $168.00 per share. In addition, the underwriters have a 30-day
option to purchase up to 1,026,062 additional shares of common
stock from eBay Inc. MercadoLibre will not receive any proceeds
from the sale of the shares by the Selling Stockholders.
Morgan Stanley & Co. LLC, and J.P. Morgan Securities LLC are
acting as underwriters for the offering.
An automatically effective registration statement relating to
these securities was filed with the Securities and Exchange
Commission on October 12, 2016. The offering is being made only by
means of an effective shelf registration statement, including a
prospectus supplement and the accompanying prospectus, copies of
which may be obtained, when available, from Morgan Stanley &
Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, NY 10014 or from J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
NY 11717.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
CONTACT:
MercadoLibre, Inc.
Investor Relations
investor@mercadolibre.com
http://investor.mercadolibre.com
MercadoLibre (NASDAQ:MELI)
Historical Stock Chart
From Mar 2024 to Apr 2024
MercadoLibre (NASDAQ:MELI)
Historical Stock Chart
From Apr 2023 to Apr 2024