Dotz R$391 million IPO
Davis Polk advised the joint bookrunners on the initial public offering of common shares of Dotz S.A. for an aggregate amount of approximately R$391 million (approximately $75.2 million). The common shares trade on the São Paulo Stock Exchange. Common shares sold in the international offering were placed under Rule 144A and Regulation S.
Dotz is a Brazilian technology company, which manages an ecosystem consisting of the Dotz loyalty program, an online market place and a financial technology platform.
The Davis Polk corporate team included Manuel Garciadiaz, Lourenco Lopes-Sabino and Felipe Saraiva Carneiro. The tax team included Kiara L. Rankin and Constance Zhang. Members of the Davis Polk team are based in the São Paulo and New York offices.