StoneCo Ltd. Announces Pricing of Follow-on Offering of Class A Common Shares
April 03 2019 - 5:49AM
StoneCo Ltd. (NASDAQ:STNE) (“
Stone”) today
announced the pricing of a follow-on offering of 19,500,000 of its
Class A common shares at a public offering price of $40.50 per
share. The shares are being offered by certain selling shareholders
pursuant to a registration statement on Form F-1 filed with the
U.S. Securities and Exchange Commission. The offering is
expected to close on April 5, 2019. In connection with the
offering, certain shareholders have granted the underwriters a
30-day option to purchase up to an additional 2,925,000 Class A
common shares at the public offering price less the underwriting
discount. Stone will not receive any proceeds from the
offering.
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 is being made only by means of a prospectus. A copy
of the final 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 relating to these securities has been
filed with, and declared effective by, the U.S. Securities and
Exchange Commission (“SEC”). Copies of the registration statement
can be accessed through the SEC's website at www.sec.gov.
This announcement does not, and is not intended to, constitute
an offer to sell or a solicitation of an offer to purchase any
securities in the United States or elsewhere, and it does not, and
is not intended to, constitute an offer, solicitation or sale of
any securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful.
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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