UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2018

Commission File Number 001-38055

 

 

NETSHOES (CAYMAN) LIMITED

(Exact name of registrant as specified in its charter)

 

 

 

The Cayman Islands    98-1007784
(State of incorporation or organization)    (I.R.S. Employer Identification No.)

 

 

Rua Vergueiro 961, Liberdade

01504-001 São Paulo, São Paulo, Brazil

+55 11 3028-3528

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes  ☐            No  ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes  ☐            No  ☒

 

 

 

 


Netshoes (Cayman) Limited (NYSE: NETS) announces today that its subsidiaries (  NS2.COM  INTERNET S.A. and NS5 PARTICIPAÇÕES LTDA.) have signed an agreement with Grupo Sierra Capital, a private equity fund that invests in Mexico, Central America and Caribbean, to sell the entirety of its operations in Mexico. This divestment is in line with the Company’s strategy of focusing and streamlining its operations on mature regions to increase profitability and create long-term value to shareholders.

This transaction is expected to close in the third quarter of 2018 and is subject to customary (a) closing conditions, and (b) purchase price adjustment mechanisms.

 


SIGNATURE

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereto duly authorized.

 

   

Netshoes (Cayman) Limited

    By:   /s/    Marcio Kumruian         
      Marcio Kumruian
     

Chief Executive Officer

Date: August 06, 2018

Netshoes (Cayman) Limited (NYSE:NETS)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Netshoes (Cayman) Limited Charts.
Netshoes (Cayman) Limited (NYSE:NETS)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Netshoes (Cayman) Limited Charts.