Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
July 18 2022 - 6:01AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 6-K
Report
of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the month of July,
2022
Commission File Number 001-41129
Nu Holdings Ltd.
(Exact name of registrant as specified
in its charter)
Nu Holdings Ltd.
(Translation of Registrant's
name into English)
Campbells Corporate Services
Limited, Floor 4, Willow House, Cricket Square, KY1-9010 Grand Cayman, Cayman Islands
+1 345 949 2648
(Address of principal executive
office)
Indicate by check mark whether
the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F (X) Form 40-F
Indicate by check mark whether the registrant by furnishing
the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes No (X)
![](https://content.edgar-online.com/edgar_conv_img/2022/07/18/0001292814-22-003067_nu202207156k_001.jpg)
NOTICE TO THE MARKET
Grand Cayman, Cayman Islands Company, July 15, 2022 -
Nu Holdings Ltd. (“Nu” or “Company”), hereby informs its shareholders and the market as follows:
| 1. | As
a regulated financial institution, Nu Financeira - Sociedade de Credito financiamento e Investimento ("Nu Financeira"),
together with its consolidated subsidiaries, or collectively the “Nu Financeira Financial Conglomerate,” are required to
comply with the capital requirements set by CMN Resolution No. 4,958/21. The minimum capital adequacy ratio required from financial institutions
in Brazil (Total Capital Ratio, or “TCR”) is typically equivalent to up to 10.5% of their total risk weighted assets,
or “RWAs.”
|
| 2. | Notwithstanding
the minimum capital adequacy ratio provided under CMN Resolution No. 4,958/21, upon being granted its financial institution license in
2017, Nu Financeira undertook a commitment to operate with a higher Basel Committee minimum capital adequacy ratio of 14.0% during its
first five years of operations (the "2017 Commitment"). |
| 3. | On
July 15, 2022, the Brazilian Central Bank ("BCB") informed Nu Financeira that it is no longer required to comply with
the higher capital adequacy ratio of 14.0% set out under the 2017 Commitment; provided, however, that it should remain complying with
the capital adequacy requirements set out under under CMN Resolution No. 4,958/21, as typically applied to financial institutions in
Brazil. |
Contacts:
Investors Contact:
Jorg Friedemann
investors@nubank.com.br
Media Contact:
Leila Suwwan
press@nubank.com.br
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
Nu Holdings Ltd. |
|
|
|
By: |
/s/ Guilherme Lago |
|
|
Guilherme Lago Chief Financial Officer |
Date: July
15, 2022
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