dLocal announces 15M secondary offering by General Atlantic

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dLocal Announces Launch of Secondary Offering

September 3, 2025 4:31 PM EDT

MONTEVIDEO, Uruguay, Sept. 03, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (dLocal or the Company), (NASDAQ: DLO) a technology-first payments platform, today announced the commencement of an underwritten registered secondary offering of 15,000,000 Class A common shares by an entity associated with General Atlantic (the Selling Shareholder). The Company is not selling any Class A common shares in the offering and will not receive any proceeds from the offering.

In connection with the offering, the Selling Shareholder expects to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 Class A common shares at the public... More