Inter & Co routes unelected INBR32 holdings to sales
Positions without a valid election are automatically assigned to a best-efforts sale process on Nasdaq during the Subsequent Period.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
6-K
Rhea-AI Filing Summary
Inter & Co, Inc. reports that the Selection Period for its Level II Sponsored BDR Program ended October 16, 2026, and INBR32 ceased trading on B3 after that day’s close. The Subsequent Period runs from October 19 through November 17, 2026. Positions without a valid election to receive Unsponsored Level I BDRs or Class A Common Shares were automatically allocated to the Sales Facility; no further election is available.
Banco Bradesco S.A., depositary for the Level II Sponsored BDRs, will sell the underlying Class A Common Shares on Nasdaq on a best-efforts basis during the Subsequent Period, and sales may finish before November 17. Unsponsored Level I BDRs elected by holders will be credited on October 21. After the Sales Facility is completed, the Company will disclose the sales results, final average sale price and expected payment date.
Filing Explained
For positions assigned to the Sales Facility, proceeds will be converted only after all shares are sold and the proceeds received in full; each BDR’s net amount will reflect the average sale price, the exchange rate at conversion and applicable taxes.
Key Figures
Selection Period end: October 16, 2026
Subsequent Period: October 19–November 17, 2026
INBR34 credit date: October 21, 2026
3 metrics
Selection Period end
October 16, 2026
The Selection Period ended on this date.
Subsequent Period
October 19–November 17, 2026
Period for the next steps in discontinuing the Level II Sponsored BDR Program.
INBR34 credit date
October 21, 2026
Date Unsponsored Level I BDRs will be credited to holders who validly elected that alternative.
Key Terms
Level II Sponsored BDR Program, Sales Facility, Unsponsored Level I BDRs, prevailing USD/BRL exchange rate
4 terms
Level II Sponsored BDR Program regulatory
"the “Level II Sponsored BDR Program”"
Sales Facility financial
"Under the Sales Facility, the relevant Class A Common Shares will be sold"
Unsponsored Level I BDRs financial
"the Unsponsored Level I BDRs (ticker: INBR34) will be credited"
prevailing USD/BRL exchange rate financial
"at the prevailing USD/BRL exchange rate on the conversion date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What happens to INBR32 positions without a valid election?
They were automatically allocated to the Sales Facility, where Banco Bradesco S.A., the depositary for the Level II Sponsored BDRs, will sell the underlying Class A Common Shares on Nasdaq on a best-efforts basis. Holders have no additional opportunity to make an election during the Subsequent Period.
How are proceeds from the INBR32 Sales Facility calculated?
After all underlying Class A Common Shares are sold and the proceeds received in full, the U.S. dollar proceeds will be converted into Brazilian reais in a single foreign exchange transaction at the prevailing USD/BRL rate on the conversion date. The net amount payable per BDR reflects the average sale price, currency conversion and taxes payable under applicable law.
When will elected INBR34 BDRs be credited?
Unsponsored Level I BDRs (INBR34) will be credited on October 21, 2026, to holders who validly elected that alternative.
AI-generated analysis. How Rhea-AI works. Not financial advice.
United States Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2026
Commission File Number 132-02847
(Exact name of registrant as specified in its charter)
N/A
(Translation of Registrant’s executive offices)
(Address of registered executive offices)
Av Barbacena, 1,219, 22nd Floor
Belo Horizonte, Brazil, ZIP Code 30 190-131
(Address of principal executive office)
Telephone: +55 (31) 2138-7978
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
EXHIBIT INDEX
| Exhibit No. | Description of Exhibit | |||||||
| 99.1 | Discontinuation of the BDR Program - Start of Subsequent Period | |||||||
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| INTER & Co, INC. | |||||||||||
| By: | /s/ Rafaela de Oliveira Vitoria | ||||||||||
| Name: | Rafaela de Oliveira Vitoria | ||||||||||
| Title: | Head of Investor Relations | ||||||||||
Date: October 19, 2026
1 INTER&CO, INC. INTER & CO, INC. (B3: INBR32; Nasdaq: INTR) (“Inter&Co” or the “Company”), a foreign private issuer registered with the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários, or the “CVM”) as a Category “A” issuer and sponsor of the Level II Brazilian Depositary Receipts program (the “Level II Sponsored BDR Program”), further to the 6-K filings disclosed on January 26, 2026, September 2, 2026, September 8, 2026 and September 16, 2026 (jointly, the “6-K Filings”), hereby announces that the Selection Period ended on October 16, 2026. Upon completion of the Selection Period, the Level II Sponsored BDRs (ticker: INBR32) ceased trading on B3 after the close of trading on October 16, 2026. As previously disclosed, the Subsequent Period begins today, October 19, 2026, and will continue through November 17, 2026. During this period, the following steps will be completed: 1. Delivery of Unsponsored Level I BDRs (ticker: INBR34). On October 21, 2026, the Unsponsored Level I BDRs will be credited to holders of Level II Sponsored BDRs who validly elected this alternative. 2. Implementation of the Sales Facility. The Sales Facility will apply to all Class A Common Shares underlying Level Sponsored II BDRs (ticker: INBR32) for which no valid election to receive Unsponsored Level I BDRs (ticker: INBR34) or Class A Common Shares (ticker: INTR) was made during the Sepection Period. 2.1 Under the Sales Facility, the relevant Class A Common Shares will be sold on Nasdaq on a best-efforts basis by Banco Bradesco S.A., the depositary for the Level II Sponsored BDRs. The sales will be conducted during the Subsequent Period and may be completed before November 17, 2026. 2.2 After all Class A Common Shares have been sold and the proceeds have been received in full, the U.S. dollar proceeds will be converted into Brazilian reais in a single foreign exchange transaction at the prevailing USD/BRL exchange rate on the conversion date. The net amount payable for each Level II Sponsored BDR will reflect the average sale price, the foreign exchange conversion and the deduction of any taxes payable under
2 applicable law. Upon completion of the Sales Facility, the Company will disclose the results of the sales, the final average sale price and the expected payment date. The Subsequent Period does not provide holders of Level II Sponsored BDRs with an additional opportunity to make an election. Positions for which no valid election was made during the Selection Period were automatically allocated to the Sales Facility. Class A Common Shares (ticker: INTR) requested pursuant to valid elections were delivered during the Selection Period and are not part of the steps described herein. As previously disclosed, the Unsponsored Level I BDRs (ticker: INBR34) begin trading on B3 today. Additional information regarding the applicable procedures and the complete timeline is available in the prior disclosures and at https://investors.inter.co/en/bdr/. The Company will keep the market, its shareholders and BDR holders informed of the next steps in the discontinuation of the Level II Sponsored BDR Program. Belo Horizonte, October 19, 2026. RAFAELA DE OLIVEIRA VITÓRIA Head of Investor Relations Legal Representative of the Company in Brazil