dLocal denies short-seller allegations, emphasizes financial integrity, and plans to address performance soon.
From GlobeNewswire: 2025-02-20 19:33:19
dLocal Limited, a technology-first payments platform, refutes recent allegations as inaccurate and misleading, claiming they are made by parties who profit from stock price drops. The company states it promptly investigated similar claims in the past, with an independent review finding no substantiation. dLocal emphasizes its commitment to high corporate governance standards and financial integrity, urging investors to rely on audited financial statements. The company plans to address its performance in FY24 and Q4’24 during its upcoming earnings call on February 27, 2025. dLocal powers local payments in emerging markets, connecting global merchants with billions of consumers across APAC, the Middle East, Latin America, and Africa through a unified platform.
Read more at GlobeNewswire: dLocal Refutes Short-Seller Allegations and Reconfirms