IPO - Nvni Group Ltd
Form Type: F-1
Filing Date: 2025-02-10
Corporate Action: Ipo
Type: New
Accession Number: 000121390025011830
Filing Summary: Nvni Group Limited files a registration statement to offer up to 60,736,190 ordinary shares for resale by selling stockholders. This includes shares issued in a private placement transaction on January 2, 2025, along with ordinary shares that can be purchased through Series A and Series B warrants. The Series A warrants have an exercise price of $0.652 and are set to expire one year from the registration statement's effectiveness. The Series B warrants, with a $0.0001 exercise price, expire five years post-registration effectiveness. The company anticipates proceeds from the exercise of these warrants, estimating $12 million from Series A, $1.4 thousand from Series B, and $3.6 million from placement agent warrants, though the actual timing and amounts of exercises remain unpredictable. Additionally, Nvni emphasizes its identity as an emerging growth company, allowing it specific reporting exemptions. The ordinary shares are listed under the ticker NVNI on Nasdaq, and as of February 6, 2025, the share price was $5.22. Investors are advised of potential risks and are encouraged to review the complete prospectus before making investment decisions.
Document Link: View Document
Additional details:
Exact Name: Nvni Group Limited
State Of Incorporation: Cayman Islands
Ir Ein: 98-1721993
Address: P.O. Box 10008, Willow House, Cricket Square Grand Cayman, Cayman Islands KY1-1001
Agent Name: Cogency Global, Inc.
Agent Address: 122 East 42nd Street, 18th Floor New York, NY 10168
Agent Phone: +1(800) 221-0102
Closing Price: 5.22
Closing Price Date: 2025-02-06
Ordinary Shares Offered: 60,736,190
Private Placement Date: 2025-01-02
Series A Warrant Exercise Price: 0.652
Series B Warrant Exercise Price: 0.0001
Proceeds Usd Series A: 12000000
Proceeds Usd Series B: 1400
Proceeds Usd Placement Agent: 3600000
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