RIO DE JANEIRO, BRAZIL - Shares of Agrogalaxy, a retail platform engaged in the marketing of inputs for the agricultural sector, fell 20.87% at 11 AM to trade at R$10.88 on debut day on the B3.
The price per share for the company's IPO was at the lower end of the indicative price range, ranging from R$13.75 to R$16.50. The operation included the issuance of 25,454,545 ordinary shares, resulting in an increase in share capital of R$349.9 million to R$838.7 million, divided into 170,824,989 ordinary . . .
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