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Nuvini Announces Successful Financing Round and Appointment of New Chief Operating Officer

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Nuvini (Nasdaq: NVNI), a B2B SaaS acquirer in Latin America, has completed a new financing round combining equity and convertible notes. The financing was led by CEO Pierre Schurmann and existing investors, with convertible notes priced at $1.10 per share. Additionally, the company promoted José Mario Ribeiro to Chief Operating Officer, following his appointment as Board Advisor in August. In his new role, Ribeiro will focus on integrating financial solutions within Nuvini's portfolio companies to enhance operational efficiencies and growth opportunities.

Nuvini (Nasdaq: NVNI), un acquirente B2B SaaS in America Latina, ha completato un nuovo round di finanziamento combinando capitale e note convertibili. Il finanziamento è stato guidato dal CEO Pierre Schurmann e dagli investitori esistenti, con note convertibili valutate a $1.10 per azione. Inoltre, l'azienda ha promosso José Mario Ribeiro a Chief Operating Officer, dopo la sua nomina a Consigliere del Consiglio a agosto. Nel suo nuovo ruolo, Ribeiro si concentrerà sull'integrazione di soluzioni finanziarie all'interno delle aziende del portafoglio di Nuvini per migliorare l'efficienza operativa e le opportunità di crescita.

Nuvini (Nasdaq: NVNI), un adquirente B2B SaaS en América Latina, ha completado una nueva ronda de financiamiento combinando capital y notas convertibles. El financiamiento fue liderado por el CEO Pierre Schurmann y los inversionistas existentes, con notas convertibles valoradas en $1.10 por acción. Además, la empresa promovió a José Mario Ribeiro como Director de Operaciones, tras su nombramiento como Asesor del Consejo en agosto. En su nuevo cargo, Ribeiro se enfocará en integrar soluciones financieras dentro de las empresas del portafolio de Nuvini para mejorar la eficiencia operativa y las oportunidades de crecimiento.

Nuvini (Nasdaq: NVNI)는 라틴 아메리카의 B2B SaaS 인수업체로, 자본과 전환사채를 결합한 새로운 금융 라운드를 완료했습니다. 이 금융은 CEO 피에르 슈르망과 기존 투자자들이 주도했으며, 전환사채의 가격은 $1.10 per share로 책정되었습니다. 또한, 회사는 조세 마리오 리베이로를 COO로 승진시켰으며, 이는 8월 이사로 임명된 이후입니다. 리베이로는 신임 역할에서 Nuvini의 포트폴리오 기업 내에서 금융 솔루션을 통합하여 운영 효율성과 성장 기회를 향상시키는 데 집중할 것입니다.

Nuvini (Nasdaq: NVNI), un acquéreur B2B SaaS en Amérique Latine, a complété un nouveau tour de financement combinant fonds propres et obligations convertibles. Le financement a été dirigé par le PDG Pierre Schurmann et les investisseurs existants, avec des obligations convertibles évaluées à $1,10 par action. De plus, la société a promu José Mario Ribeiro au poste de Directeur des Opérations, suite à sa nomination en tant que Conseiller du Conseil en août. Dans son nouveau rôle, Ribeiro se concentrera sur l'intégration de solutions financières au sein des entreprises du portefeuille de Nuvini pour améliorer l'efficacité opérationnelle et les opportunités de croissance.

Nuvini (Nasdaq: NVNI), ein B2B SaaS-Ankäufer in Lateinamerika, hat eine neue Finanzierungsrunde abgeschlossen, die Eigenkapital und wandelbare Anleihen kombiniert. Die Finanzierung wurde vom CEO Pierre Schurmann und den bestehenden Investoren geleitet, wobei die wandelbaren Anleihen zu einem Preis von $1,10 pro Aktie ausgegeben wurden. Darüber hinaus wurde José Mario Ribeiro zum Chief Operating Officer befördert, nachdem er im August zum Board Advisor ernannt worden war. In seiner neuen Rolle wird Ribeiro sich darauf konzentrieren, Finanzlösungen in die Portfolio-Unternehmen von Nuvini zu integrieren, um die Betriebseffizienzen und Wachstumsmöglichkeiten zu verbessern.

Positive
  • Successful completion of new financing round
  • Convertible notes secured at premium pricing of $1.10 per share
  • Strong support from founder and existing investors indicating confidence
Negative
  • None.

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”), a leading B2B SaaS acquirer in Latin America, is pleased to announce the successful close of its latest financing round, consisting of a combination of equity and convertible notes. The financing, led by Nuvini’s Founder and CEO, Pierre Schurmann, and existing investors, underscores the company’s strategic growth vision.

The convertible notes were secured at a conversion price of $1.10 per share. The premium pricing signals not only the company’s founder and investors’ belief in the company’s resilience and growth potential but also a shared commitment to building a robust foundation for sustainable, long-term expansion.

In addition to this strategic financing milestone, Nuvini is pleased to announce the promotion of Mr José Mario Ribeiro to the role of Chief Operating Officer. Since the announcement of Jose Mario as Board Advisor in August, he has made significant contributions to the company, and his transition to this expanded role will enable Nuvini to accelerate its focus on embedding finance within its portfolio companies, further amplifying operational efficiencies and growth opportunities.

“We are excited to welcome Mario to our executive team. His extensive expertise and proven leadership will be instrumental as we continue to scale and integrate financial solutions into our operations,” said Pierre Schurmann, CEO of Nuvini. “This financing round and Mario’s promotion underscore our commitment to building a solid foundation for sustainable growth.”

For more information on Nuvini’s recent developments, visit https://ir.nuvini.co/.

About Nuvini

Headquartered in São Paulo, Brazil, Nuvini is the leading private serial software business acquirer in Latin America. The Nuvini Group acquires software companies within SaaS markets in Latin America. It focuses on acquiring profitable “business-to-business” SaaS companies with a consolidated business model, recurring revenue, positive cash generation and relevant growth potential. The Nuvini Group enables its acquired companies to provide mission-critical solutions to customers within its industry or sector. Its business philosophy is to invest in established companies and foster an entrepreneurial environment that would enable companies to become leaders in their respective industries. The Nuvini Group’s goal is to buy, retain and create value through long-term partnerships with the existing management of its acquired companies. To date, Nuvini Group’s portfolio of SaaS companies consists of Effecti Tecnologia Web Ltda., Leadlovers Tecnologia Ltda., Ipê Tecnologia Ltda., Dataminer Dados, Informações e Documentos Ltda., OnClick Sistemas de Informação Ltda., Simplest Software Ltda. and SmartNX Tecnologia Ltda.

For more information, visit www.nuvini.co

For further information or media inquiries regarding this partnership, please contact:

Nuvini Investor and Media Contact
Camilla Carrapatoso
ir@nuvini.co


FAQ

What is the conversion price for Nuvini's (NVNI) new convertible notes?

Nuvini's (NVNI) convertible notes were secured at a conversion price of $1.10 per share.

Who led Nuvini's (NVNI) latest financing round in November 2024?

The financing round was led by Nuvini's Founder and CEO, Pierre Schurmann, along with existing investors.

Who is the new Chief Operating Officer of Nuvini (NVNI)?

José Mario Ribeiro was promoted to Chief Operating Officer, after serving as Board Advisor since August 2024.

What will be the focus of Nuvini's (NVNI) new COO?

The new COO will focus on embedding finance within Nuvini's portfolio companies to enhance operational efficiencies and growth opportunities.

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