General Atlantic Affiliate Sells 15M DLocal Shares in Secondary Offering.

DLocal has priced a 15M share secondary offering at $12.75/share, with shares being sold by a General Atlantic-affiliated entity. The company will not receive proceeds from the sale, as it is not participating in the offering. The sale is part of a secondary market transaction.

DLocal Limited (NASDAQ:DLO), a technology-first payments platform, has priced a secondary offering of 15 million Class A common shares at $12.75 per share. The shares are being sold by an entity affiliated with General Atlantic, with the company itself not participating in the offering and thus not receiving any proceeds [1][2][3].

The offering is expected to close on September 5, 2025, subject to customary closing conditions. Underwriters, led by J.P. Morgan, Goldman Sachs & Co. LLC, and Morgan Stanley, have a 30-day option to purchase an additional 2.25 million shares at the public offering price [1][2][3].

DLocal's platform, "One dLocal," connects global enterprise merchants with billions of emerging market consumers across Africa, Asia, and Latin America, enabling seamless payments and fund settlements without the need for separate entities or multiple payment methods in each market [1][2][3].

The secondary offering, while not diluting existing shareholders, may impact share prices in the short term due to the increased supply of shares hitting the market. However, the involvement of major investment banks suggests an orderly distribution process designed to minimize market disruption [3].

References:
[1] https://finance.yahoo.com/news/dlocal-announces-pricing-secondary-offering-113400193.html
[2] https://www.marketscreener.com/news/dlocal-announces-pricing-of-secondary-offering-ce7d59d8da8bf72d
[3] https://www.stocktitan.net/news/DLO/d-local-announces-launch-of-secondary-gw7z2ej0xzs1.html