ClearSale shares rise more than 17% on debut at B3 stock exchange
RIO DE JANEIRO, BRAZIL – ClearSale (CLSA3) shares shot up 17.2% on Friday, June 30, in its debut on the B3. At its initial public offering (IPO), the company priced the securities at the high end of the indicative price range at R$25, generating R$1.3 billion (US$254 million).
Today they are trading for a little less R$29 after shooting above the R$30 mark at the start of trading.
Around R$800 million flowed into the company’s coffers, while the rest remained with shareholders who sold their stake in the offering. Of the total amount, the company plans to use 50% for organic growth, 20% for innovation projects, and the remaining 30% for potential acquisitions.
“The IPO was the path we chose to grow our business and fulfill our mission of building consumer confidence in the digital ecosystem. We are ready and eager to grow,” said Bernardo Lustosa, president of ClearSale, at a share launch ceremony on B3.
In the stock market, Clear Sale becomes another alternative for investors seeking the e-commerce development theme as a whole.
ClearSale was founded in 2000 and specializes in digital fraud prevention solutions. The company’s clients include e-commerce companies and financial institutions. Its flagship product is Total ClearSale.
“The entire decision tree on approving or rejecting e-commerce orders is the responsibility of Clear Sale, which enables more effective fraud prevention,” the prospectus states.
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Live Market IntelligenceBrazil — Live Market Board
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Brazil — Live Market Board
+0.31%
175,135.41
+0.31%
66,090.98
-0.15%
11,470.79
+0.89%
3,001,209
-0.79%
2,489.80
-0.59%
60,629.82
+0.25%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| IBOV | 175,135.41 | +0.31% | +21.85% | 174,586.26 | 168,310 | 167,142 | — |
| USD/BRL | 5.16 | +0.01% | -5.13% | 5.16 | 5.18 | 5.14 | — |
| SELIC | 14.00% | — | — | — | — | — | |
| PETR4 | 41.64 | -0.05% | +35.19% | 41.66 | 41.97 | 41.15 | 41,499,400 |
| VALE3 | 72.97 | +0.83% | +30.75% | 72.37 | 73.54 | 72.66 | 17,658,000 |
| ITUB4 | 38.60 | -1.03% | +4.57% | 39.00 | 39.34 | 38.39 | 29,487,800 |
| BBDC4 | 16.85 | +0.36% | +3.50% | 16.79 | 16.90 | 16.67 | 19,416,900 |
| BBAS3 | 19.37 | +0.47% | +0.73% | 19.28 | 19.44 | 19.16 | 11,069,200 |
| B3SA3 | 14.26 | -0.21% | +12.73% | 14.29 | 14.47 | 14.11 | 33,037,800 |
| ABEV3 | 14.89 | -0.80% | +21.91% | 15.01 | 15.07 | 14.81 | 16,453,100 |
| WEGE3 | 47.59 | +0.49% | +29.99% | 47.36 | 48.08 | 47.36 | 3,364,600 |
| PRIO3 | 59.14 | -0.19% | +50.67% | 59.25 | 59.81 | 58.74 | 3,325,600 |
| SUZB3 | 41.33 | +2.35% | -23.55% | 40.38 | 41.48 | 40.35 | 3,914,900 |
| RENT3 | 34.68 | -0.09% | +0.84% | 34.71 | 34.96 | 34.35 | 7,979,100 |
| AZZA3 | 15.89 | -2.63% | -53.76% | 16.32 | 16.42 | 15.82 | 1,330,300 |
| CSNA3 | 4.30 | +0.47% | -42.65% | 4.28 | 4.41 | 4.26 | 10,076,100 |
| GGBR4 | 24.69 | +2.19% | +51.38% | 24.16 | 24.85 | 24.18 | 7,047,600 |
| ENEV3 | 24.21 | -1.38% | +70.49% | 24.55 | 24.64 | 23.99 | 9,297,000 |
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