Afya (AFYA) Announces Proposed 11.52M Class A Share Follow-on Offering

Go back to Afya (AFYA) Announces Proposed 11.52M Class A Share Follow-on Offering

Afya Limited Announces Launch of Proposed Follow-on Offering of Class A Common Shares

February 4, 2020 4:26 PM EST

NOVA LIMA, Brazil, Feb. 04, 2020 (GLOBE NEWSWIRE) -- Afya Limited, or Afya (Nasdaq: AFYA), today announced that it has launched a proposed follow-on public offering of 11,521,740 Class A common shares, consisting of 3,019,928 Class A common shares offered by Afya, and 8,501,812 Class A common shares offered by certain selling shareholders of Afya (the Selling Shareholders), including Crescera Educacional II Fundo de Investimento em Participações Multiestratégia (Crescera), pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (SEC). In addition, Afya and Crescera expect to grant the... More