By Reuters Staff
(Updates with official sourcing and figures)
SAO PAULO, July 26 (Reuters) - Brazilian financial start-up TradersClub on Monday priced its initial public offering at 9.50 reais per share, according to a filing with the country’s securities regulator, reaching a valuation of 2.7 billion reais ($521.58 million).
The company raised 606.9 million reais in the IPO, the filing said. A source familiar with matter told Reuters earlier in the day that the company would raise 712.5 million reais, but the final fundraising was lower as one of two overallotments went unsold.
Also known as TC, the company offers services such as news, research and investment chats to 470,000 investors through its app.
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SAO PAULO Brazilian financial start up TradersClub on Monday priced its initial public offering at 9.50 reais per share, two sources familiar with the matter said, reaching a valuation of 2.8 billion reais ($541.2 million).
The company raised 712.5 million reais in the IPO, one of the sources said.
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Try refreshing your browser, or Brazilian fintech TradersClub valued at $540 mln in IPO -sources Back to video
Also known as TC, the company offers services such as news, research and investment chats to 470,000 investors through its app.
Shares begin trading on São Paulo Stock exchange on July 28. ($1 = 5.1737 reais) (Reporting by Paula Laier, writing by Carolina Mandl, editing by Chris Reese)
GOL announces its 4Q20 earnings schedule
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SÃO PAULO, March 16, 2021 /PRNewswire/
GOL Linhas Aéreas Inteligentes S.A. ( GLAI ), (NYSE: GOL and B3: GOLL4), Brazil s premier domestic airline, announces its 4Q20 earnings schedule.
4Q20 Earnings
March 18, 2021 (before trading hours)
The release will be available on our website www.voegol.com.br/ir. Simultaneously, videos will be made available with the results presentation, financial review and the answers to some questions previously received, in order to reserve more time for Q&A in the conference calls.
Conference calls
12:30 p.m. (US EDT)
12:00 p.m. (Brasília time)
GOL announces its 4Q20 earnings schedule prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.