Item 1.01 Entry into a Material Definitive Agreement.
On November 15, 2021, MercadoLibre, Inc. (the "Company", or "we") entered into
an underwriting agreement (the "Underwriting Agreement") with Morgan Stanley &
Co. LLC, J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC (the
"Underwriters") relating to the Company's previously announced public offering
of shares of common stock, par value $0.001 per share, of the Company (the
"Common Stock") pursuant to the Registration Statement on Form S-3 (File No.
333-230196) (the "Registration Statement"), the accompanying prospectus, dated
March 11, 2019, included in the Registration Statement, and the prospectus
supplement, dated November 15, 2021. Pursuant to the Underwriting Agreement, the
Company agreed to sell to the Underwriters, and the Underwriters agreed to
purchase from the Company, subject to and upon the terms and conditions set
forth therein, an aggregate of 1,000,000 shares of Common Stock. In addition,
the Underwriters have a 30-day option to purchase up to 150,000 additional
shares of Common Stock from the Company.
The Underwriting Agreement contains customary representations, warranties and
covenants and includes the terms and conditions for the sale of the shares by
the Company to the Underwriters, indemnification and contribution obligations
and other terms and conditions customary in agreements of this type.
The foregoing description of certain terms of the Underwriting Agreement is not
complete and is qualified in its entirety by reference to the full text of such
document, which are included as Exhibit 1.1 hereto and incorporated herein by
reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number Description
1.1 Underwriting Agreement by and between MercadoLibre, Inc., Morgan
Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman Sachs & Co.
LLC.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses