Vitru Ltd. (VTRU) IPO Opens Modestly Higher

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Go back to Vitru Ltd. (VTRU) IPO Opens Modestly Higher

Vitru Limited Announces Pricing of Initial Public Offering

September 18, 2020 7:16 AM EDT

FLORIANÓPOLIS, Brazil, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Vitru Limited (Vitru), a Brazilian distance learning education group company, today announced the pricing of its initial public offering of 6,000,000 of its newly-issued common shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (SEC) at a public offering price of $16.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on September 18, 2020, under the symbol VTRU and the offering is expected to close on September 22, 2020, subject to customary closing conditions.

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