Mexico City, August 11, 2023 – Grupo Traxión, S.A.B. de C.V. (“TRAXION”) (BMV. TRAXION), one of the leading logistics and mobility companies in Mexico and one of the largest mobility companies in Latin America, announces the successful pricing and sale of a total of 143,306,920 shares representing its capital stock at a price of Ps. $30.00 per share. 84,719,775 shares were placed in the primary portion and 58,587,145 shares were sold in the secondary portion.
The offering consisted of a global mixed underwritten and paid public offering and secondary sale in Mexico and a simultaneous international offering of shares to qualified institutional investors as such investors are defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), in transactions that do not require registration thereunder. The global offering provides for an over-allotment option of up to 15% of the number of shares subject to the global offering, meaning 21,496,038 additional shares, and may be exercised by the underwriters within the following 30 days.
The shares have not been, and will not be, registered under the U.S. Securities Act or the securities laws of any state of the United States and may not be offered or sold in the United States absent registration or under any exemption from the registration requirements under the U.S. Securities Act and any applicable state securities laws.
Miranda Newswire – Full Press Release: Download PDF
Contacts:
Antonio Tejedo
Investors
Alejandra Méndez
Media
Tel: +52 55 5046 7900