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CI&T Inc (CINT) Prices 13.04M Share IPO at $15/sh, Bottom of Expected Range

November 10, 2021 5:45 AM

CI&T Inc (NYSE: CINT), a global digital native specialist, and end-to-end digital transformation partner providing strategy, design and software engineering services to some of the world’s leading brands, today announced the pricing of its initial public offering of 13,043,478 Class A common shares at a public offering price of US$15.00 per share. The offering consists of 11,111,111 Class A common shares offered by CI&T and 1,932,367 Class A common shares offered by certain selling shareholders, pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). The underwriters have the option to purchase up to an additional 1,956,522 Class A common shares, representing 15% of the base offering, from certain selling shareholders at the initial public offering price, less underwriting discounts and commissions.

The shares are expected to begin trading on the New York Stock Exchange on November 10, 2021, under the ticker symbol “CINT”, and the offering is expected to close on November 12, 2021, subject to customary closing conditions.

The offering is being made through an underwriting group led by Goldman Sachs & Co. LLC and Citigroup, who are acting as global coordinators and lead bookrunners, J.P. Morgan and Morgan Stanley, who are acting as joint bookrunners and Itaú BBA, BofA Securities and Bradesco BBI, who are acting as passive bookrunners.

The offering of these securities is being made only by means of a prospectus forming part of the effective registration statement, copies of which may be obtained from any of the following sources:

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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