Cosan S.A. filed Form 25 with the SEC to voluntarily delist its American Depositary Shares (ADSs) from the New York Stock Exchange, following prior disclosures on August 14 and 18, 2026. The last trading day for these ADSs on the NYSE is September 18, 2026. Post-delisting, Cosan will maintain its Level I ADR program, allowing shares to continue trading in the U.S. over-the-counter market. This strategic move alters the listing venue but preserves access to U.S. capital markets through OTC mechanisms. Cosan operates in the energy and agribusiness sectors, primarily engaged in sugar, ethanol, and fuel distribution.

Cosan S.A. disclosed that it is advancing its deleveraging strategy by evaluating alternatives for the sale of a portion of its equity interest in Rumo S.A. The company confirmed that potential interested parties have submitted binding proposals, although no final decision regarding the execution of a transaction has been made as of August 20, 2026. Cosan operates in the energy and infrastructure sectors.

Cosan S.A. has notified the New York Stock Exchange of its intention to voluntarily delist its American Depositary Shares (ADRs), each representing four common shares, following a Board resolution on August 14, 2026. The company aims to simplify and optimize its capital structure, reduce costs, and focus on strategically relevant business areas while maintaining its listing on Brazil's B3 exchange. Cosan plans to file Form 25 with the SEC on September 8, 2026, with an estimated last trading day of September 18, 2026. The company will remain registered under the U.S. Securities Exchange Act of 1934 and continue its reporting obligations. Cosan operates in the energy, sugar, ethanol, and logistics sectors.

Cosan reported a net loss of R$320 million for the second quarter of 2026, an improvement from the R$946 million loss in the prior year period. The company completed a secondary IPO of Compass shares on B3, generating approximately R$2.3 billion in net proceeds, which facilitated early debt settlements totaling R$8.8 billion in the first half of 2026. Expanded net debt declined 20% to R$9.2 billion compared to the first quarter. Cosan announced a letter of intent to sell its Port São Luís terminal for an indicative price of R$300 million plus earn-outs, recording a corresponding impairment expense of R$247 million in the quarter. Additionally, Raízen’s out-of-court restructuring plan received court approval from 81.6% of unsecured creditors. Cosan operates as a diversified energy and logistics conglomerate based in Brazil.

Cosan announced a voluntary delisting of its American Depositary Shares from the NYSE and plans to deregister with the SEC following the completion of corporate restructuring measures. The Board approved executive changes, with José Cezário Menezes de Barros Sobrinho replacing Rafael Bergman as CFO effective September 1, 2026. Cosan also called an Extraordinary General Meeting to approve a spin-off and merger of Radar II Propriedades Agrícolas S.A., transferring net equity valued at R$2.57 billion to Cosan and Mansilla Participações Ltda. by October 1, 2026, to simplify its organizational structure without diluting shareholders. Additionally, the company introduced new debt service interest coverage guidance targeting a range of 0.8x to 1.2x by fiscal year-end 2026. Cosan operates in the energy and agribusiness sectors, producing sugar, ethanol, fuels, and managing agricultural real estate.