Vitru Announces Filing of “Universal Shelf” Registration Statement on Form F-3
27 Oktober 2021 - 12:15AM
Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it has
filed on October 25, 2021 a "universal shelf" registration
statement on Form F-3 (the “Registration Statement”) with the
Securities and Exchange Commission (the “SEC”) for the registration
of common shares, senior debt securities, subordinated debt
securities, warrants, rights or units consisting of the foregoing
securities (collectively, the “Securities”).
Once the Registration Statement is declared
effective by the SEC, up to U.S.$400 Million of Securities may be
offered by Vitru, separately or together, from time to time and in
one or more offerings. In addition, any selling shareholders named
in a prospectus supplement may offer and sell, from time to time,
up to 23,538,503 common shares.
The Registration Statement is intended to afford
Vitru the flexibility to promptly access the public capital markets
in order to respond to future financing and business opportunities
on a timely and cost-effective basis. The terms of any potential
offering, including the specific terms and prices of the
Securities, will be determined at the time of such offering and be
made solely by means of the prospectus included in the Registration
Statement and any prospectus supplement that may be filed with the
SEC relating to such offering.
The Registration Statement has been filed with
the SEC but has not yet become effective. The Securities may not be
sold, nor may offers to buy the Securities be accepted, prior to
the time the Registration Statement becomes effective. 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 the Securities
in any state or jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities law of any such state or jurisdiction.
About Vitru
Vitru is the leading pure distance learning
education group in the postsecondary distance
learning market in Brazil. Through its invested
companies, Vitru provides a complete pedagogical ecosystem
focused on hybrid distance learning experience for
undergraduates and continuing education students. Vitru’s
mission is to democratize access to education in Brazil through a
digital ecosystem and empower every student to create their own
successful story.
Forward Looking Statements
This press release includes “forward-looking
statements” within the meaning of the U.S. federal securities laws.
Statements contained herein that are not clearly historical in
nature are forward-looking, and the words “anticipate,” “believe,”
“continues,” “expect,” “estimate,” “intend,” “project” and similar
expressions and future or conditional verbs such as “will,”
“would,” “should,” “could,” “might,” “can,” “may,” or similar
expressions are generally intended to identify forward-looking
statements. These forward-looking statements speak only as of the
date hereof and are based on Vitru’s current plans, estimates of
future events, expectations and trends that affect or may affect
our business, financial condition, results of operations, cash
flow, liquidity, prospects and the trading price of Vitru’s common
shares, and are subject to several known and unknown uncertainties
and risks, many of which are beyond Vitru’s control. As a
consequence, current plans, anticipated actions and future
financial position and results of operations may differ
significantly from those expressed in any forward-looking
statements in this press release. You are cautioned not to unduly
rely on such forward-looking statements when evaluating the
information presented. Vitru does not undertake any obligation to
update publicly or to revise any forward-looking statements after
we distribute this press release because of new information, future
events or other factors.
Contact:
Maria Carolina F. Gonçalves, IRO
e-mail: ir@vitru.com.br
website: https://investors.vitru.com.br/
Vitru (NASDAQ:VTRU)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Vitru (NASDAQ:VTRU)
Historical Stock Chart
Von Jul 2023 bis Jul 2024