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Afya Limited to Report First Quarter 2021 Financial Results on May 27
/EIN News/ NOVA LIMA, MINAS GERAIS, Brazil, May 03, 2021 (GLOBE NEWSWIRE) Afya Limited, or Afya (Nasdaq: AFYA), today announced that it will report first quarter 2021 financial results for the period ended March 31, 2021, following the close of the market on Thursday, May 27, 2020.
The Company will host a corresponding conference call and webcast on May 28 at 11:00 AM EDT.
Dialing numbers for the conference will be disclosed soon. A live and archived webcast of the call will be available on the Investor Relations section of the Company’s website at https://ir.afya.com.br/.
Afya Closes $150M Investment From SoftBank Latin America Fund
Afya Limited (Nasdaq: AFYA), a Nova Lima, Minas Gerais, Brazil-based medical education groupreceived a US$150m investment from SoftBank Latin America Fund.
In addition, Crescera Educacional II Fundo de Investimento em Participações Multiestratégia and the Esteves Family also closed on the sale of 2,270,208 Class A common shares to SoftBank. In connection with such sale, Paulo Passoni from Softbank will be appointed as a board member of Afya within the next 30 days. Softbank and its affiliates beneficially own approximately 8.4% of the total shares of the company (on an as-converted basis for the Series A perpetual convertible preferred shares).
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