dLocal prices secondary offering at $12.75 per share

DLocal Limited (NASDAQ: DLO) announced the pricing of a secondary offering of 15 million Class A common shares at $12.75 per share. The shares are being sold by an entity associated with General Atlantic, and dLocal will not receive any proceeds from the transaction.

The offering is expected to close on September 5, 2025, subject to customary closing conditions. Underwriters have a 30-day option to purchase up to an additional 2.25 million shares from the selling shareholder at the same price.

J.P. Morgan, Goldman Sachs & Co. LLC and Morgan Stanley are serving as global coordinators and joint bookrunners for the offering. BTG Pactual and Citigroup are acting as joint bookrunners.

The company operates a payments platform connecting global merchants with consumers in emerging markets across more than 40 countries in Africa, Asia, and Latin America. The offering is being conducted under an automatically effective shelf registration statement filed with the Securities and Exchange Commission.

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