ZENVIA Inc. Announces Closing of Concurrent Private Placement with Twilio Inc.

Rhea-AI Summary

ZENVIA Inc. (NASDAQ: ZENV) announced the closing of a private placement of 3,846,153 Class A common shares to Twilio Inc. at a price of US$13.00 per share, raising US$50,000,000 in gross proceeds. Combined with its IPO, ZENVIA has raised approximately US$200,000,000. Funds will be allocated for the acquisition of Direct One and general corporate purposes, including software development and international expansion.

Positive

• Raised US$50,000,000 from private placement with Twilio.
• Total proceeds from IPO and private placement amount to US$200,000,000.
• Funds will support acquisition and expansion strategies.

Negative

• None.

SÃO PAULO, July 30, 2021 /PRNewswire/ -- ZENVIA Inc. ("ZENVIA") (NASDAQ: ZENV), announced yesterday the closing of its previously disclosed concurrent private placement of 3,846,153 of its Class A common shares to Twilio Inc. in a private transaction ("Concurrent Private Placement") at an offering price of US$13.00 per Class A common share.

ZENVIA raised US$50,000,000 in gross proceeds with the Concurrent Private Placement, and together with ZENVIA's initial public offering ("IPO") of 11,538,462 Class A common shares at a public offering price of US$13.00 per Class A common share that closed on July 26, 2021, ZENVIA raised in aggregate approximately US$200,000,000 in gross proceeds.

As disclosed into ZENVIA's effective registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission, part of the net proceeds from the IPO and the Concurrent Private Placement will be used to pay the consideration payable in cash to acquire One To One Engine Desenvolvimento e Licenciamento de Sistemas de Informática S.A. — Direct One and any remaining proceeds will be used for general corporate purposes, which may include investments for the development of software, products or technologies, investments in the international expansion of our operations, funding other opportunistic mergers, acquisitions or investments in complementary businesses, and maintaining liquidity.

About ZENVIA
ZENVIA is driven by the purpose of empowering companies to create unique experiences for customer communications through its unified end-to-end platform. ZENVIA empowers companies to transform their existing customer communications from non-scalable, physical and impersonal interactions into highly scalable, digital first and hyper contextualized experiences across the customer journey. ZENVIA's unified end-to-end CX communications platform provides a combination of (i) SaaS focused on campaigns, sales teams, customer service and engagement, (ii) tools, such as software application programming interfaces, or APIs, chatbots, single customer view, journey designer, documents composer and authentication and (iii) channels, such as SMS, Voice, WhatsApp, Instagram and Webchat.

Its comprehensive platform assists customers across multiple use cases, including marketing campaigns, customer acquisition, customer onboarding, warnings, customer services, fraud control, cross-selling and customer. retention, among others. As of March 31, 2021, ZENVIA served more than 10,100 active customers throughout Latin America.

Contacts
ZENVIA Inc.
Attention to Investor Relations Department
ir@zenvia.com  
Avenida Paulista, 2300, Suites 182 and 184, São Paulo, SP, Brazil
Zip Code 01310-300

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SOURCE Zenvia Mobile Serviços Digitais

FAQ

What was the amount raised by ZENV from the private placement with Twilio?

ZENV raised US$50,000,000 from the private placement with Twilio.

How much total gross proceeds did ZENVIA raise from its IPO and private placement?

ZENVIA raised approximately US$200,000,000 in total gross proceeds from its IPO and private placement.

What will ZENVIA use the proceeds from the private placement for?

ZENVIA will use the proceeds for the acquisition of Direct One and for general corporate purposes, including software development and international expansion.

When did ZENVIA announce the closing of the private placement with Twilio?

ZENVIA announced the closing of the private placement with Twilio on July 30, 2021.

What is the offering price for ZENVIA's Class A common shares in the private placement?

The offering price for ZENVIA's Class A common shares in the private placement was US$13.00 per share.