[8-K] Mercado Libre, Inc Reports Material Event

Rhea-AI Filing Summary

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Insights

Corporate Credit Analyst

TL;DR RMB 250 m secured revolver boosts liquidity but includes revocation and asset-pledge risks.

The five-year line increases committed liquidity headroom by roughly US$34 m and, being secured, should price below unsecured alternatives—positive for cost of capital. However, the Bank’s unilateral cancellation clause substantially weakens the facility’s reliability, meaning the line is available but not assured. The mortgage on Global Technology’s real estate encumbers assets, potentially sub-ordinating existing unsecured lenders. Net leverage only increases upon drawdown, yet covenant packages were not disclosed, leaving visibility on financial maintenance terms limited.

Equity Research Analyst

TL;DR Added funding flexibility supports growth; cancellation language tempers benefit.

The revolver gives AAOI’s China subsidiary a local-currency funding source for capex, aligning with management’s strategy to scale datacenter optics manufacturing. Because interest is set at draw, rate risk exists, but the secured nature likely yields competitive pricing. Investors should note that revocation rights transfer liquidity risk back to AAOI if macro or regulatory conditions tighten. Absent immediate borrowings, equity dilution is unaffected; however, collateralization could limit future asset-backed financing. Overall impact on valuation is neutral pending utilization and terms.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_________________________

FORM 8-K

_________________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event Reported): August 4, 2025

_________________________

MercadoLibre, Inc.

(Exact name of Registrant as specified in Charter)

Commission file number 001-33647

_________________________

Delaware			98-0212790
(State or other jurisdiction of incorporation )			(I.R.S. Employer Identification Number)

WTC Free Zone

Dr. Luis Bonavita 1294, Of. 1733, Tower II

Montevideo, Uruguay , 11300

(Address of registrant’s principal executive offices) (Zip Code)

(+598) 2-927-2770

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

_________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.001 par value per share

MELI

Nasdaq Global Select Market

2.375% Sustainability Notes due 2026

MELI26

The Nasdaq Stock Market LLC

3.125% Notes due 2031

MELI31

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02. Results of Operations and Financial Condition.

On August 4, 2025, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number			Description
99.1			Press release dated August 4, 2025
104			The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

Signatures

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.

			MERCADOLIBRE, INC.
			Registrant
Date: August 4, 2025			By:			/s/ Martín de los Santos
						Martín de los Santos
						Executive Vice President and Chief Financial Officer