Will Nubank’s IPO take place by October 1st, 2021?
Market Rules
According to press reports, Nubank intends to make an initial public offer (IPO) to gather up to US$ 5 billion in a stock exchange in the United States. The financial company allegedly plans to list its stocks between the end of the third and the beginning of the fourth quarter of 2021.
If Nu Pagamentos (Nubank) publicly files an S-1 form at the US Securities and Exchange Commission by October 1st, 2021, this market will be resolved as “Yes”. The same will happen if the form is filed secretly, but only if the stock exchange where the IPO takes place announces the stock listing date will take place on or before October 1st, 2021.