STONECO LTD. overview

SÃO PAULO, Brazil, Jan. 14, 2021 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has completed the issuance of R$580 million in FIDC (“ Fundo de Investimento em Direitos Creditórios” ) quotas, raising R$493 million in third-party capital for its credit solution for SMBs in Brazil. The new credit FIDC is structured with...

SÃO PAULO, Brazil, Nov. 17, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that the Linx Extraordinary General Meeting held on this date approved the business combination between STNE Participações S.A. (“ STNE ”), a controlled company of Stone that holds the software investments business of the Stone group in Brazil and...

SÃO PAULO, Brazil, Nov. 17, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it raised the cash portion of the consideration to be paid to Linx shareholders in connection with the definitive agreement for STNE Participações S.A. (“ STNE ”), a controlled company of Stone that holds the software investments business of...

GEORGE TOWN, Grand Cayman, Oct. 29, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its third quarter ended September 30, 2020. To our shareholders: “After two years as a public company, we are very proud to report a historic performance in the third quarter of 2020, with record TPV,...

SÃO PAULO, Brazil, Oct. 29, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has waived certain breakup fees and increased the cash portion of the consideration to be paid to Linx shareholders in connection with the definitive agreement for STNE Participações S.A. (“ STNE ”), a controlled company of Stone that holds...

GEORGE TOWN, Grand Cayman, Oct. 19, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its third quarter 2020 financial results on Thursday , October 2 9 , 20 20 at 5:00pm ET ( 6 :00pm BRT) . A press release with third quarter 2020 financial results will be issued after the market closes that same day. The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the U.S....

SÃO PAULO, Brazil, Oct. 02, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that Linx’s Board has approved to call the Linx Shareholders Meeting to consider Stone´s business combination with Linx (the “Transaction”). Following the announcements on August 11, 2020 and September 1, 2020 regarding the Transaction, Stone...

SÃO PAULO, Brazil, Sept. 22, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it will pursue the issuance of Brazilian Depositary Receipts (“BDR”). Following the announcements on August 11, 2020 and September 1, 2020 regarding Stone's business combination with Linx (the “Transaction”), on September 22, 2020, Stone...

Amended Association Agreement Represents a Compelling Opportunity for Linx Shareholders, with consideration increase to R$35.10/share, now a 47% premium to Linx unaffected 1 VWAP 60-days Reduction of maximum break-up fee to R$454million, equivalent to 7.2% of the transaction value Revised terms for Non-Competition and Executive Engagement Agreements New terms of the Association Agreement approved exclusively by Linx Independent Board Members, with abstention of votes by Linx Founding...

GEORGE TOWN, Grand Cayman, Aug. 13, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE) (“ Stone ”) today announced the pricing on August 12, 2020 of a follow-on offering of 27,375,000 of its Class A common shares at a public offering price of $47.50 per share. The shares are being offered by Stone pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “ SEC ”). The offering is expected to close on August 17, 2020. In connection...

GEORGE TOWN, Grand Cayman, Aug. 11, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (“Stone” or the “Company”) today announced that it has launched a proposed follow-on public offering of $1.0 billion of its Class A common shares, which are being offered by the Company (the “Offering”) pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). In connection with the offering, the Company has granted the underwriters the option to...

GEORGE TOWN, Grand Cayman, Aug. 11, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone”) today announces that it will host a conference call to discuss its second quarter 2020 financial results and the business combination agreement with Linx on Wednesday, August 12, 2020 at 7:00am ET (8:00am BRT) . The conference call can be accessed live over the phone by dialing (412) 317-6346 or (844) 204-8586 from the U.S. Callers from Brazil can dial +55 11 3181-8565. Callers from the UK can...

GEORGE TOWN, Grand Cayman, Aug. 11, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today reports its financial results for its second quarter ended June 30, 2020. To our shareholders: "As the world continues to face the public health and economic challenges caused by the COVID-19 crisis, Stone remains focused on our mission...

SÃO PAULO, Brazil, Aug. 11, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has signed a definitive agreement for STNE Participações S.A., a controlled company of Stone that holds the software investments business of the Stone group in Brazil, to merge its business with Linx (B3: LINX3; NYSE:...

GEORGE TOWN, Grand Cayman, May 27, 2020 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ: STNE) (“ Stone ” or the “ Company ”) announced that its Board of Directors resolved, on its meeting of May 21, 2020, to appoint Mrs. Luciana Ibiapina Lira Aguiar to the Board of Directors, effective immediately, and at the same meeting, elected to the Audit Committee, as replacement for Mr. Ali Mazanderani, who stepped out of the Audit Committee, but remained, nonetheless, as a member of the Board of...