Inter&Co Announces Commencement of Follow-on Public Offering of its Class A Common Shares
17 January 2024 - 9:44AM
INTER & CO, INC. (NASDAQ: INTR; B3:
INBR32) (“Inter&Co” or the “Company”) announced, on
the date hereof, the commencement of a follow-on public offering of
up to 32,000,000 of its Class A common shares, which are being
offered by the Company (the “Offering”) pursuant to an effective
shelf registration statement on file with the Securities and
Exchange Commission (the “SEC”). In connection with this Offering,
the Company has granted the underwriters the option to purchase up
to 4,800,000 additional Class A common shares. Inter&Co’s
shareholders do not have any right of preference or priority to
subscribe for shares under the Offering.
Inter&Co intends to use the net proceeds
from the offering of the shares for general corporate purposes.
Goldman Sachs & Co. LLC and BofA Securities,
Inc. are acting as Global Coordinators in the Offering. The
Offering is subject to market and other conditions, and there can
be no assurance as to whether or when the Offering may be
completed, or as to the actual size or terms of the Offering.
The public offering will be made pursuant to an
automatically effective registration statement on Form F-3 that has
been filed on the date hereof with the SEC, which automatically
became effective upon filing, and a prospectus supplement and
accompanying base prospectus relating to and describing the final
terms of the offering. These documents are available on EDGAR on
the SEC’s website located at www.sec.gov or a copy may be obtained
by contacting: (i) Goldman Sachs & Co. LLC, 200 West Street,
New York, NY, 10282, Attention: Prospectus Department, telephone:
1-866-471-2526, facsimile: 1-212-902-9316 or by emailing
Prospectus-ny@ny.email.gs.com or (ii) BofA Securities, Inc.,
Attention: Prospectus Department, NC1-004-03-43, 200 North College
Street, 3rd floor, Charlotte, NC 28255-0001, or by emailing
dg.prospectus_requests@bofa.com.
Before you invest, you should read the
registration statement (including the preliminary prospectus
supplement) and other documents incorporated by reference and filed
with the SEC for more complete information about the Company and
the Offering.
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
THE OFFER AND SALE OF THE SECURITIES HAVE NOT
BEEN AND WILL NOT BE REGISTERED WITH THE BRAZILIAN SECURITIES
COMMISSION (COMISSÃO DE VALORES MOBILIÁRIOS, OR "CVM") AND,
THEREFORE, WILL NOT BE CARRIED OUT BY ANY MEANS THAT WOULD
CONSTITUTE A PUBLIC OFFERING IN BRAZIL UNDER CVM RESOLUTION NO 160,
DATED 13 JULY 2022, AS AMENDED ("CVM RESOLUTION 160”) OR AN
UNAUTHORIZED DISTRIBUTION UNDER BRAZILIAN LAWS AND REGULATIONS.
About Inter&Co
Our mission is to empower people to manage their
finances and daily activities, through a simple and seamlessly
integrated digital experience. We aim to bring the breadth of
possibilities of the offline world to the palm of our clients’
hands, with the convenience and scalability of our digital native
Super App.
Contact
Investor Relations
ir@inter.co
https://investors.inter.co/
Inter (NASDAQ:INTR)
Historical Stock Chart
From Apr 2024 to May 2024
Inter (NASDAQ:INTR)
Historical Stock Chart
From May 2023 to May 2024