UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2024
Commission File Number: 001-38714
STONECO LTD.
(Exact name of registrant as specified in its charter)
4th Floor, Harbour Place
103 South Church Street, P.O. Box 10240
Grand Cayman, KY1-1002, Cayman Islands +55 (11) 3004-9680
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F |
X |
Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| StoneCo Ltd. | ||||
| By: | /s/ Mateus Scherer Schwening | |||
| Name: | Mateus Scherer Schwening | |||
| Title: | Chief Financial Officer and Investor Relations Officer | |||
Date: August 22, 2024
EXHIBIT INDEX
| Exhibit No. | Description |
| 99.1 | StoneCo Ltd. Press Release dated August 22, 2024. |
Exhibit 99.1
STONECO LTD. ANNOUNCES ITS SUBSTITUTION AS ISSUER UNDER ITS 3.950% SENIOR NOTES DUE 2028
GEORGE TOWN, Grand Cayman, August 22, 2024 – StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“StoneCo”) announces that it has substituted itself as issuer and principal debtor in respect of the outstanding 3.950% senior notes due 2028 (the “Notes”) by Stone Instituição de Pagamento S.A. (the “Substitution”). In connection with the Substitution, StoneCo will unconditionally and irrevocably guarantee the Notes, together with the other guarantors, MNLT S.A. and Pagar.me Instituição de Pagamento S.A.. Prior to the implementation of the Substitution, the new issuer, Stone Instituição de Pagamento S.A. was a guarantor of the Notes.
The Substitution is implemented pursuant to Section 5.04 of the indenture, as amended, and does not require consent from the bondholders. StoneCo, Stone Instituição de Pagamento S.A., MNLT S.A. and Pagar.me Instituição de Pagamento S.A. and the trustee will enter into a second supplemental indenture, on or about August 29, 2024 to implement the Substitution.
Following the Substitution, the CUSIP and ISIN numbers for the Notes will change as follows:
| Old CUSIP and ISIN Numbers | New CUSIP and ISIN Numbers |
|
CUSIP: 861787 AA7 ISIN: US861787AA77
|
CUSIP: 86165K AA3 ISIN: US86165KAA34
|
|
CUSIP: G85158 AA4 ISIN: USG85158AA43
|
CUSIP: P8T88J AA6 ISIN: USP8T88JAA61
|
Under no circumstances shall this document constitute an offer to buy or the solicitation of an offer to sell the Notes or any other securities of the Company, the initial guarantors or any of their affiliates in the United States or in any other jurisdiction.
Important Notice Regarding Forward-Looking Statements
This document contains forward-looking statements. Forward-looking statements are information of a non-historical nature or that relate to future events and are subject to risks and uncertainties. No assurance can be given that the transactions described in this document will be consummated or as to the ultimate terms of any such transactions. Neither the Company nor the initial guarantors undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
About Stone
StoneCo is a leading provider of financial technology and software solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses.
Contact:
Investor Relations
investors@stone.co