Sequoia Says It Has Not Deliberated About Follow-On Offering

Sequoia Logistica e Transportes said in a statement Friday it has not deliberated on the execution of any follow-on share offering, after a Coluna do Broadcast report published by O Estado de S. Paulo on the topic.

• The company said that “it has not deliberated on the actual execution of any public offering, has not analyzed conditions for such an offer, and there is currently no ongoing analysis on the subject”
• Sequoia said that an eventual public offering of the company’s shares will be conducted in accordance with applicable laws and regulations
• NOTE: Sequoia Prepares Follow-On Offering of Up To ...