dLocal Announces Closing of Secondary Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Core Viewpoint - dLocal Limited has successfully closed a secondary offering of 17,250,000 Class A common shares at a price of $12.75 per share, with no proceeds going to the company itself [1]. Group 1: Offering Details - The offering included 2,250,000 Class A common shares from the full exercise of the underwriters' option [1]. - The underwriting group was led by J.P. Morgan, Goldman Sachs & Co. LLC, and Morgan Stanley, with BTG Pactual and Citigroup also participating as joint bookrunners [2]. Group 2: Regulatory Information - dLocal has filed an automatically effective shelf registration statement with the SEC for the offering, which was made only by means of a prospectus [3]. Group 3: Company Overview - dLocal operates a technology-first payments platform that facilitates local payments in emerging markets, connecting global enterprise merchants with billions of consumers across over 40 countries in Africa, Asia, and Latin America [5]. - The "One dLocal" platform allows global companies to manage payments, payouts, and fund settlements without the need for multiple local entities or payment processors [5].