ARCO PLATFORM LTD. overview

SÃO PAULO, Brazil, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE ) , announces it has acquired 100% of Studos Software Ltda., or Studos, a technology provider for personalized student assessment, data-based academic performance diagnostics and AI-powered adaptive learning and test prep. “This acquisition is part of our strategy to acquire technology companies that increase the value of our learning systems to partner schools and parents, improve student’s...

SÃO PAULO, Brazil, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today that it priced an underwritten public offering of 2,500,000 Class A common shares to be issued by Arco at a public offering price of US$44.80. In connection with the offering, Arco has granted the underwriters an option to purchase up to 375,000 of additional Class A common shares. We intend to use the net proceeds from this offering to fund future acquisitions or investments in...

SÃO PAULO, Brazil, Sept. 08, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today the commencement of an underwritten public offering of 5,200,000 Class A common shares to be issued by Arco. In connection with the offering, Arco has granted the underwriters an option to purchase up to 780,000 of additional Class A common shares. We intend to use the net proceeds from this offering to fund future acquisitions or investments in complementary businesses, products...

SÃO PAULO, Brazil, Aug. 28, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE) , today announced that it has entered into a definitive agreement to acquire Escola de Inteligência Cursos Educacionais (“EI” or “Escola da Inteligência”), the leading solution in social-emotional learning (SEL) in Brazil. “It is an honor for Arco to have EI joining us in our mission to transform the way students learn by delivering high quality education at scale. EI has built a...

2Q20 Net revenues up 71% Year-Over-Year, reaffirming Arco's resilient business model and high-quality solutions. SÃO PAULO, Brazil, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE), today reported financial and operating results for the second quarter 2020 ended June 30, 2020. “The superior academic results are possible because we have a customer-oriented culture, attached to our always-evolving proprietary methodology, break-through technology-driven platform...

SÃO PAULO, Brazil, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that it will report second quarter 2020 financial results for the period ended June 30, 2020, following the close of the market on Monday, August 17, 2020. The Company will host a corresponding conference call and webcast at 4:30 p.m. Eastern time on that day. Investors may listen to the conference call (ID: 2374425) by dialing (866) 679-4032 or +1 (409) 217-8315 at 4:30 p.m....

SÃO PAULO, Brazil, June 03, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today that it priced an underwritten public offering of 5,563,203 Class A common shares offered by General Atlantic Arco (Bermuda), L.P. and Alfaco Holding Inc. (the “Selling Shareholders”), at a public offering price of US$47.70. Arco will not receive any proceeds from the sale of Class A common shares by the Selling Shareholders. Neither Arco nor any of its other shareholders,...

SÃO PAULO, Brazil, June 02, 2020 (GLOBE NEWSWIRE) -- Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today the commencement of an underwritten public offering of 5,563,203 Class A common shares to be offered by General Atlantic Arco (Bermuda), L.P and Alfaco Holding Inc. Arco will not receive any proceeds from the sale of Class A common shares by the Selling Shareholders. Neither Arco nor any other of its other shareholders, including its founding shareholders and members of...