MercadoLibre-backed MELI Kaszek Pioneer priced its IPO of 25 million Class A ordinary shares at $10 each.
Shares begin trading today on the Nasdaq under MEKA.
The offering is expected to close Oct. 1.
MELI Kaszek Pioneer intends to focus its search on technology-enabled companies operating in Latin America across a number of verticals, including commerce, financial services, logistics, healthcare, education, enterprise software and entertainment.
BofA Securities, Goldman Sachs, Allen & Company and J.P. Morgan Securities are joint book-running managers for the offering. The underwriters have an option to purchase up to an additional 3.75 million shares to cover any over-allotments. Read more.
