Buffett-backed Nubank Is Said To Price Ipo At $9/Shr - Bloomberg

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IPO for Warren Buffett-Backed Nu Holdings Ltd. (NU) Opens 25% Higher

December 9, 2021 1:08 PM EST

Today's IPO for Nu Holdings Ltd. (NYSE: NU) opened for trading at $11.25 after pricing 289,150,555 Class A ordinary shares at $9, the upper-end of the expected $8-$9 range.

The offering is being made through an underwriting group led by Morgan Stanley & Co. LLC, Goldman... More

Nu Holdings (NU) Prices 289M Share IPO at $9/sh

December 9, 2021 5:56 AM EST

Nu Holdings Ltd. (NYSE: NU) today announced the pricing of its initial public offering, consisting of an international offering of 289,150,555 Class A ordinary shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission at a public offering price of $9.00 per Class A ordinary share, and a concurrent offering in Brazil of Class A ordinary shares in the form of Brazilian depositary receipts registered with the Brazilian Securities Commission, each BDR representing 1/6th of a Class A ordinary share, at a public offering price of R$8.36 per BDR, based on the December 8,... More