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dLocal, Uruguay’s first unicorn, goes public on the New York Stock Exchange

RIO DE JANEIRO, BRAZIL - The company dLocal, which specializes in payment solutions, and which became Uruguay's first unicorn in September 2020 after reaching a market valuation of more than US$1 billion, went public this Thursday on the New York Stock Exchange.

The IPO, under the code DLO, was made through an offering whose high demand on the previous day raised the placement price from the $16-18 initially expected to $21, so that the company added some US$617.4 million to its value, rising to around US$6.1 billion, as reported at the opening of the . . .

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