Vasta Platform Ltd

Vasta Platform Ltd (VSTA) priced its initial public offering on Jul 31, 2020 at $19.00 per share, and listed on Nasdaq Global Select. Goldman Sachs was lead-left underwriter, joined by BofA Securities, Morgan Stanley and UBS and others. Davis Polk and Maples and Calder advised the company and Simpson Thacher advised the underwriters.

Vasta Platform Ltd is a Brazilian education company that provides technology-enabled educational and digital solutions to private K-12 schools. Its Content & EdTech Platform delivers education solutions and content under long-term contracts, and its emerging Digital Platform is meant to unify schools' administrative operations.

Status

IPO

Ticker

VSTA

Exchange

Nasdaq Global Select

Priced

Jul 31, 2020

IPO price

$19.00

First filed

Jul 6, 2020

Underwriters

Goldman Sachs, BofA Securities, Morgan Stanley, UBS and Bradesco BBI

Company counsel

Davis Polk and Maples and Calder

Underwriters' counsel

Simpson Thacher

Sector

Business services

Country / state

Brazil