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Inter & Co, Inc. announced the operational details for the discontinuation of its Level II Sponsored Brazilian…
INTRInter & Co, Inc.
Inter & Co, Inc. announced the operational details for the discontinuation of its Level II Sponsored Brazilian Depositary Receipts (BDR) Program following partial approval from the CVM Board on May 6, 2026. The Selection Period runs from September 17 to October 16, 2026, during which holders may elect to receive Class A Shares traded on NASDAQ or Level I Unsponsored BDRs (ticker: INBR34) traded on B3 in a 1-to-1 ratio. Holders failing to make an election will automatically have their positions sold via the Sales Facility on NASDAQ, with proceeds converted to Brazilian reais and distributed after November 17, 2026. Following program completion, the Company intends to cancel its registration as a category 'A' foreign issuer with the CVM. Inter & Co operates in the financial services industry, providing digital banking and investment solutions.