Vasta Platform Limited Announces Delisting From NASDAQ

Core Viewpoint - Vasta Platform Limited has decided to voluntarily delist its Class A Common Shares from the Nasdaq Global Select Market due to various operational and financial considerations, following a significant acquisition by Cogna Educação S.A. [1][2][3] Company Actions - Vasta's Board of Directors approved the voluntary withdrawal and delisting of the Company's Shares from Nasdaq on January 8, 2026, citing costs associated with being publicly traded and a small base of public shareholders as key factors [3] - The Company plans to file a Form 25 with the SEC around January 19, 2026, to remove its Shares from listing, with the last trading day expected to be around January 29, 2026 [4] Acquisition Details - Cogna Educação S.A. acquired 97.2% of Vasta's Shares in a tender offer, leading to the decision for delisting and deregistration under the Securities Exchange Act [2] Company Overview - Vasta is a high-growth education company in Brazil, providing technology-driven educational solutions for K-12 schools, aiming to support their digital transformation and improve profitability [5]