StoneCo (STNE) to Offer $1B in Stock in Follow-On Offering

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StoneCo (STNE) Prices 27.375M Class A Share Follow-On Offering at $47.50/Sh

August 13, 2020 6:07 AM EDT

StoneCo Ltd. (NASDAQ: STNE) today announced the pricing on August 12, 2020 of a follow-on offering of 27,375,000 of its Class A common shares at a public offering price of $47.50 per share. The shares are being offered by Stone pursuant to an effective shelf registration statement on file with the... More

StoneCo (STNE) Prices 27.375M Class A Share Follow-On Offering at $47.50/Sh

August 13, 2020 6:07 AM EDT

StoneCo Ltd. (NASDAQ: STNE) today announced the pricing on August 12, 2020 of a follow-on offering of 27,375,000 of its Class A common shares at a public offering price of $47.50 per share. The shares are being offered by Stone pursuant to an effective shelf registration statement on file with the... More