DLocal announces pricing of 15M shares at $12.75 in secondary offering

DLocal (DLO) announced the pricing of a previously announced secondary offering of 15,000,000 Class A common shares by an entity associated with General Atlantic at a price to the public of $12.75 per share. The Company is not selling any Class A common shares in the offering and will not receive any proceeds from the offering. The offering is expected to close on September 5, 2025, subject to customary closing conditions. In addition, the underwriters of the offering will have a 30-day option to purchase up to an additional 2,250,000 Class A common shares from the Selling Shareholder at the public offering price. The offering is being made through an underwriting group led by J.P. Morgan, Goldman Sachs & Co. LLC and Morgan Stanley, who are acting as global coordinators and joint bookrunners and BTG Pactual and Citigroup who are acting as joint bookrunne