Nu Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
The proposed IPO includes (i) the registration and listing of Class A ordinary shares in the United States; (ii) the registration and admission to negotiate a program of Brazilian Depositary Receipts (“BDRs”) in Brazil; and (iii) the registration of initial public offering for distribution of BDRs in Brazil representing a fraction of Class A ordinary shares.