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PicPay revealed a surge in nine-month revenue in its filing for an initial public offering in the United States.
PicPay reported nine-month revenue of 7.26 billion reais, nearly doubling from last year.
KEY POINTS
- PicPay is attempting a U.S. IPO again after canceling plans in 2021 due to weak markets.
- PicPay will list shares on the Nasdaq under the symbol 'PICS'.
- IPO proceeds will fund corporate purposes, regulatory capital, and operations expansion.
COMPANIES
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