Readystate Asset Management discloses 10.5% stake in Azul via ADS holdings
AZUL•Readystate discloses stake in Azul via ADS holdings
Readystate Asset Management disclosed a 10.5% stake in Azul via 19,319,161 ADS, each representing two common shares.
The position followed the purchase of 2 million ADS.
Readystate said the stake is for investment purposes, with no intent to influence control or management.
It also held 969,337 warrants.
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