StoneCo Ltd. Announces Launch of Proposed Follow-on Offering of Class A Common Shares
Stone’s Class A common shares are listed on the Nasdaq Global Market under the ticker symbol “STNE.”
Stone intends to use the net proceeds from the offering of the shares to finance the pending acquisition of Linx S.A., and to pay related fees and expenses, as well as for general corporate purposes. If for any reason the acquisition of Linx S.A. is not consummated, Stone intends to use the net proceeds from the offering of the shares for general corporate purposes.
The public offering will be made pursuant to an automatically effective registration statement on Form F-3 that has been filed with the
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.
We are a leading provider of financial technology solutions that empower merchants and integrated partners to conduct electronic commerce seamlessly across in-store, online, and mobile channels in
Source: StoneCo Ltd.