Group 1 - PicS (PicPay) plans to raise $400 million through an IPO by issuing 22.9 million shares, with a price range set between $16 and $19 per share [1] - The fully diluted market capitalization of PicS (PicPay) is projected to reach $2.3 billion at the midpoint of the proposed price range [1] - Key investors Bicycle Fund and Claure Group have expressed interest in purchasing $75 million worth of shares, accounting for approximately 19% of the total offering [1] Group 2 - PicS operates as PicPay, providing digital financial services to individual consumers (76% of net revenue for the first nine months of 2025) and small to medium-sized enterprises (18%) [2] - As of September 30, 2025, PicPay has 42 million quarterly active users and approximately 812,000 active merchants in its payment network [2] - The company recorded $1.7 billion in revenue for the 12 months ending September 30, 2025, and plans to list on NASDAQ under the ticker symbol PICS [2]