Arco Platform prices IPO at $17.50, the high end of the range

Arco Platform, which provides turnkey curriculum solutions to private schools in Brazil, raised $194 million by offering 11.1 million shares at $17.50, the high end of the range of $15.50 to $17.50. Arco Platform plans to list on the Nasdaq under the symbol ARCE. Goldman Sachs, Morgan Stanley, Itau BBA, BofA Merrill Lynch, Allen & Company, BTG Pactual and UBS Investment Bank acted as lead managers on the deal.

The article Arco Platform prices IPO at $17.50, the high end of the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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