dLocal Limited (DLO) IPO Opens 48% Higher

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Go back to dLocal Limited (DLO) IPO Opens 48% Higher

dLocal Announces Pricing of Initial Public Offering

June 2, 2021 10:48 PM EDT

SAN FRANCISCO, June 02, 2021 (GLOBE NEWSWIRE) -- DLocal Limited (dLocal), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced that it has priced its initial public offering of 29,411,765 Class A common shares, consisting of 4,411,765 Class A common shares offered by dLocal and 25,000,000 Class A common shares offered by the selling shareholders, pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (SEC) at a public offering price of $21.00 per share, above the price range of $16.00 to $18.00 per share. The Class A common shares... More