ZENVIA Inc. , today announced the termination of its previously disclosed simultaneous private placement of 3,846,153 of its Class A common shares to Twilio Inc. in a private transaction (“simultaneous private placement”) at an offering price of $13.00 per Class A common share.
ZENVIA raised $50 million in gross proceeds from the simultaneous private placement and in conjunction with ZENVIA’s initial public offering (“IPO”) of 11,538,462 Class A common shares at a public price of $13.00 per Class A common stock which closed on July 26, 2021, ZENVIA raised an aggregate amount of approximately $200 million in gross proceeds.
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As disclosed in ZENVIA’s effective registration statement on Form F-1 filed with the US Securities and Exchange Commission, part of the net proceeds from the IPO and concurrent private placement will be used to pay the consideration due in kind to acquire One To One Engine Development and Licensing of Sistemas de Informática SA — Direct One and any other resources will be used for general corporate purposes, which may include investments in the development of software, products or technologies, investments in the international expansion of our operations, financing of other opportunistic mergers , acquisitions or investments in complementary businesses and maintenance of liquidity.
