Cleary Gottlieb is representing CI&T Inc (CI&T), which announced the pricing of its initial public offering of 13 million Class A common shares, 11.1 million of which are being offered by CI&T and 1.9 million of which are being offered by certain of its existing shareholders, at an initial public offering price of $15 per share.
In connection with the offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 1.9 million Class A common shares at the public offering price, less underwriting discounts, and commissions.
CI&T filed its Form F-1 with the U.S. Securities and Exchange Commission on October 15, 2021, as subsequently amended, and the offering launched on November 1, 2021. The shares are expected to begin trading on the New York Stock Exchange on November 10, 2021, under the ticker symbol “CINT.” The offering is expected to close on November 12, 2021, subject to customary closing conditions.
CI&T is a global digital transformation specialist and provider of strategy, design, and software engineering services for some of the world’s leading brands. It is based in Campinas, Brazil, and has a presence in eight countries, with over 5,000 professionals in strategy, data science, design, and engineering.
For more information, please see the press release here.