Smart Fit (SMFT3) Files Secondary Stock Offering, Sequoia (SEQL3) Hires Advisory for Non-Core Asset Sale, and More

Featured Sponsor

Store	Link	Sample Product
UK Artful Impressions	Premiere Etsy Store

The corporate radar this Thursday (25) brings the public offering of secondary distribution of common shares issued by Smart Fit (SMFT3).

Sequoia (SEQL3) hired financial advisors to coordinate the sale of non-core assets in its portfolio.

3R Petroleum (RRRP3) reported that 34,193,482 shares were subscribed, at a price of R$ 24.45 per share, totaling R$ 836 million, within the scope of the capital increase. As a result, there was a surplus of 2,616,333 unsubscribed shares.

already the The executive president of CVC (CVCB3), Leonel Dias de Andrade Neto, resigned after just over three years in charge of the operations of the tourism company.

Check out more highlights:

smart fit (SMFT3)

Last Wednesday, Smart Fit (SMFT3) filed with the Brazilian Securities and Exchange Commission (CVM) a public offering registration request for the secondary distribution of 32,602,252 common shares owned by Pátria Private Equity Co-Investimento Smartfit – Fundo de Investimento en Multiestratégia Holdings (Patria) and Pátria Private Equity Co-Investment Smartfit Partners Fund – Investment Fund in Multiestratégia Holdings (Patria Partners).

“If the offer is completed, it is estimated that the bidders, currently holders of 38.28% of the company’s capital stock, will be holders of shares issued by the company representing 32.72% of its capital stock,” said Smart Fit, about a relevant fact.

The Offer will be addressed exclusively to professional investors.

SKS Airways, a Malaysian airline, signed an agreement with the leasing company Azorra to acquire ten Embraer E195-E2 jets, in order to boost its growth plans for the Asia-Pacific region. The information is contained in a statement from Embraer, which does not specify the value of the contract.

SKS Airways will be the first operator of the E195-E2 in Southeast Asia, further increasing the presence of Embraer aircraft in the region. Currently around 200 E-Jets are in service in Asia Pacific.

The E195-E2 will be the main tool for SKS Airways’ expansion plans and will be based at Subang Airport in Kuala Lumpur from 2024.

In a second statement, Embraer announced the signing of a long-term services agreement with SKS to support the airline’s fleet of ten E195-E2 jets.

The contract provides access to the Pool Program, which includes component exchanges and repair services for more than 300 parts, support for SKS Airways aircraft, as well as eSolutions to improve fleet monitoring and preventative maintenance.

Sequoia (SEQL3) hired Ártica, an independent financial advisor, specialized mainly in M&A operations of technology companies, to coordinate the process of selling non-strategic assets in its portfolio.

Within the framework of this project, the company reported that it received non-binding offers for one of the investees. The selected offer, with NBO (Non Binding Offer) signed, entered the Due Diligence phase, which is expected to last approximately 90 days, when, eventually, the final transaction contracts will be agreed upon and signed.

3R Oil (PVP3)

3R Petroleum (RRRP3) reported that 34,193,482 shares were subscribed, at a price of R$ 24.45 per share, totaling R$ 836 million, within the scope of the capital increase.

Taking into account that, within the scope of the capital increase, the issuance of a maximum number of 36,809,815 ordinary shares was approved, there was a surplus of 2,616,333 unsubscribed shares. Unsubscribed Shares may be subscribed by shareholders or assigns who have expressed an interest in reserving Unsubscribed Shares by subscribing for Shares.

Each subscriber who has expressed, during the period of exercise of the right of first refusal, his interest in subscribing Surplus, will have the right to subscribe the percentage of 7.68501702884% of the number of subscribed shares.

Zamp (ZAMP3) announced that Marcia Cristine Ribeirete Baena had resigned from the position of Vice President of People and Management. Her departure from the Company is due to personal reasons and, for the next three months, she will lead the transition of position. The waiver will be valid until the end of August 2023 and the market will be duly informed.

“In 12 years in the company, Marcia led and developed initiatives related to the People area, also assuming the Management front in 2015, thus being responsible for all actions related to ZAMP’s organizational culture,” says a statement.

Due to the vacancy in the composition of the Executive Board of the Company caused by the departure of Mrs. Marcia Cristine Ribeirete Baena, the position of Vice President of People and Management will remain vacant until the Board of Directors decides on the election of her substitute or the permanence of the position vacancy.

Vivara reported that in a meeting held on May 24, 2023, the Company’s Board of Directors took notice and recorded the resignation of Ms. Helena Spindel from the position of Director without specific designation.

The company also informed that, as defined by the Board of Directors, the position of Director without specific designation now vacant due to resignation will remain temporarily vacant.

The Director General of CVC (CVCB3), Leonel Dias de Andrade Neto, resigned after just over three years in charge of the operations of the tourist company.

The resignation comes a month after CFO Marcelo Kopel also left the company. This leaves CVC Corp without a CEO and CFO.

According to a statement, the Board of Directors has already begun the succession process for the General Manager, the Financial General Manager and the Investor Relations Manager and is in charge, with the advice of the People and Sustainability Committee, of choosing and electing new officers as As soon as possible.

Related