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Stock impact report

Afya Limited Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Afya Limited - Class A Common Shares (AFYA) 
Last afya limited - class a common shares earnings: 12/2 07:12 am Check Earnings Report
Company Research Source: GlobeNewswire
NOVA LIMA, Brazil, July 23, 2019 (GLOBE NEWSWIRE) -- Afya Limited, or Afya (Nasdaq: AFYA) today announced the closing of its initial public offering of 15,805,841 Class A common shares at a public offering price of $19.00 per share. Afya issued and sold 13,888,887 shares of Class A common shares, which includes the full exercise of the underwriters’ option to purchase an additional 2,061,631 Class A common shares, and certain selling shareholders sold an additional 1,916,954 shares of Class A common shares. Afya estimates the net proceeds to it from the offering to be approximately US$248.1 million, after deducting underwriting discounts and commissions. The shares began trading on the Nasdaq Global Select Market on July 19, 2019, under the symbol “AFYA.” BofA Securities, Inc., Goldman Sachs & Co. LLC, UBS Securities LLC and Itau BBA USA Securities, Inc. acted as Global Coordinators in this initial public offering, and BofA Securities, Inc., Goldman Sachs & Co. LLC, UBS Securities Show less Read more
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