On March 11, 2019, MercadoLibre, Inc. (the Company, or we) issued a press release announcing the proposed public offering (the Offering) by the Company of $1 billion shares of the Companys common stock, par value $0.001 per share (the Common Stock) to the Companys Registration Statement on Form S-3 filed with the Securities and Exchange Commission on March 11, 2019. MercadoLibre also intends to grant the underwriters a 30-day option to purchase up to $150 million of additional shares of common stock. In addition, MercadoLibre announced that it has entered into an agreement to which PayPal has committed to make a $750 million strategic investment through the purchase of common stock. In a separate agreement, an affiliate of Dragoneer Investment Group has agreed to purchase $100 million of Series A convertible preferred stock. A copy of the press release is furnished as Exhibit 99.1.

This Current Report shall not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The information furnished with this Current Report (including Exhibit 99.1) shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

(d) Exhibits

EXHIBIT INDEX

MERCADOLIBRE INC Exhibit
EX-99.1 2 s002725x4_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1   Issued March 11,…
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About MercadoLibre, Inc. (NASDAQ:MELI)

MercadoLibre, Inc. (MercadoLibre) hosts an online commerce platform in Latin America, which is focused on enabling e-commerce and its related services. The Company provides a portfolio of services facilitating e-commerce transactions. Its geographic segments are Brazil, Argentina, Mexico, Venezuela and other countries (including Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Portugal, Guatemala, Bolivia, Paraguay, Uruguay and the United States of America. It also operates online commerce platforms in the Dominican Republic, Panama, Bolivia, Guatemala, Paraguay and Portugal. It offers its users an eco-system of over six related e-commerce services: the MercadoLibre Marketplace, The MercadoLibre Classifieds Service, the MercadoPago payments solution, the MercadoLibre Advertising program, the MercadoShops online Webstores solution and the Mercado Envios shipping service. It operates a real estate classified platform in the United States.