StoneCo Ltd. Announces Launch of Proposed Follow-on Offering of Class A Common Shares
April 01 2019 - 6:56AM
StoneCo Ltd. (NASDAQ: STNE) (“Stone” or the “Company”) today
announced that it has launched a proposed follow-on public offering
of 17,950,000 of its Class A common shares, which are being offered
by certain selling shareholders (the “Offering”) pursuant to a
registration statement on Form F-1 filed with the U.S. Securities
and Exchange Commission (“SEC”). In connection with the Offering,
certain shareholders intend to grant the underwriters the option to
purchase up to 2,692,500 additional Class A common shares. Stone
will not receive any proceeds from the sale of secondary shares in
the Offering by the selling shareholders.
Stone’s Class A common shares are listed on the Nasdaq Global
Market under the ticker symbol “STNE.”
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan
Stanley & Co. LLC and Citigroup Global Markets Inc. are acting
as Global Coordinators in this offering.
The offering will be made only by means of a prospectus. Copies
of the preliminary prospectus related to the Offering may be
obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus
Department, 200 West Street, New York, New York 10282, telephone:
1-866-471-2526, facsimile: 212-902-9316 or by emailing
prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood,
New York 11717, telephone: 1-866-803-9204; Morgan Stanley & Co.
LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, New York 10014; or Citigroup, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, New York
11717, or by phone at 1-800-831-9146.
A registration statement on Form F-1 relating to these
securities has been filed with the SEC but has not yet become
effective. These securities may not be sold nor may offers to buy
be accepted prior to the time the registration statement becomes
effective. Copies of the registration statement can be accessed
through the SEC’s website at www.sec.gov. 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.
About Stone
Stone is a leading provider of financial technology solutions
that empower merchants to conduct commerce seamlessly across
multiple channels and help them grow their business over time
through technology.
Contact
ICR, Inc. 646-277-1200 Investor Relations –
StoneIR@icrinc.com
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