MercadoLibre (MELI) Prices 1M Share Offering at $1,550/sh
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MercadoLibre, Inc. Announces Pricing of Equity Offering
November 16, 2021 9:15 AM ESTMONTEVIDEO, Uruguay, Nov. 16, 2021 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) today announced the pricing of an underwritten public offering of 1,000,000 shares of common stock at a public offering price of $1,550.00 per share, for aggregate proceeds before underwriting discount and expenses of $1.55 billion. In addition, the underwriters have a 30-day option to purchase up to an additional 150,000 shares of common stock.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these... More
MercadoLibre, Inc. Announces Equity Offering
November 15, 2021 4:34 PM ESTMONTEVIDEO, Uruguay, Nov. 15, 2021 (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) today announced that it intends to make a public offering of common stock. MercadoLibre also expects to grant the underwriters of the offering a 30-day option to purchase additional shares of common stock on customary terms.
MercadoLibre intends to use the net proceeds from this offering for general corporate purposes.       Â
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as lead managing bookrunners for the proposed... More
