Vitru Ltd. (VTRU) Announces Proposed 11.23M IPO Between $22-$24/Sh
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Vitru Limited Announces Launch of Initial Public Offering
September 8, 2020 12:54 PM EDTFLORIANÓPOLIS, Brazil, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Vitru Limited (Vitru), a Brazilian distance learning education group company, today announced that it has launched its initial public offering of 11,230,126 common shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission ("SEC"). Vitru is offering 6,000,000 common shares and certain selling shareholders are offering 5,230,126 common shares. The estimated price range for the offering is US$22.00 and US$24.00 per common share. Vitru has applied to list its common shares on the Nasdaq Global Select Market under the ticker symbol VTRU. In connection with the offering, Vitru and the... More
