Inter & Co sets 30-day window for BDR holder choices
Inter & Co, Inc. set a 30-day window for Level II BDR holders to elect Class A shares, Level I BDRs, or a sales facility as its BDR program is discontinued.
Rhea-AI Filing Summary
Inter & Co, Inc. (INTR) announced the start of a 30-day selection period related to the discontinuation of its Level II Sponsored Brazilian Depositary Receipts (BDRs) program. The selection period will run from September 17, 2026 to October 16, 2026, ending at 3:00 p.m. (Brasilia time).
During this window, holders of Level II Sponsored BDRs can choose to receive Class A shares (INTR), receive Level I Unsponsored BDRs (INBR34), or be subject to a sales facility if no election is made. Holders must submit elections through their custodians or brokers in line with each institution’s procedures and cut-off times.
Positive
- None.
Negative
- None.
Filing Explained
The filing adds that each Level II Sponsored BDR represents one Class A ordinary share, clarifying that the share-delivery option is one-for-one; the discontinuation remains in its selection period and is not yet completed.
Key Figures
Key Terms
Level II Sponsored BDRs financial
Level I Unsponsored BDRs financial
Brazilian Depositary Receipts financial
Selection Period financial
Sales Facility financial
Discontinuation of the BDR Program financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Inter & Co, Inc. (INTR) announce in this September 2026 Form 6-K?
When is the Selection Period for Inter & Co, Inc. Level II Sponsored BDRs (INTR/INBR32)?
What options do Level II Sponsored BDR holders of Inter & Co, Inc. have?
How should Inter & Co, Inc. Level II BDR holders submit their elections?
Where can Inter & Co, Inc. (INTR) investors find detailed operational information about the BDR discontinuation?
What is happening to Inter & Co, Inc.’s Level II Sponsored BDR Program?
AI-generated analysis. How Rhea-AI works. Not financial advice.