- Technology-first payments platform, dLocal Ltd (NASDAQ:DLO), has priced 29.4 million shares, including 25 million shares from selling shareholders at $21 per share, to raise $92.6 million in its initial public offering (IPO).
- The offer price has exceeded the price range of $16 – $18 per share.
- The shares are expected to begin trading on the Nasdaq under the ticker symbol “DLO” today.
- The selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 4.4 million shares.
- dLocal will utilize the IPO proceeds to accelerate investments in technology, manage potential working capital needs, pursue growth opportunities via acquisition and general corporate purposes.
Texas Capital Bancshares Q3 EPS $1.44 Beats $1.10 Estimate
Texas Capital Bancshares (NASDAQ:TCBI) reported quarterly earnings of $1.44 per share which beat the analyst consensus estimate of $1.10 by 30.91 percent. This is a 33.33 percent increase over earnings of $1.08 per share
