By Brazil Stock Guide – GOL Linhas Aéreas Inteligentes S.A. paid approximately R$ 64.8 million to acquire preferred shares in its tender offer auction, completing a key step in its plan to close capital and exit B3’s Level 2 corporate governance segment. Shares were purchased at R$ 11.45 per lot of 1,000 shares, with 75% of the tendered shares accepted.
Following settlement, the offeror will hold 99.95% of GOL’s total capital, effectively eliminating the free float. As of February 24, the airline’s preferred shares will migrate from Level 2 to B3’s Basic segment, reducing governance requirements.
The consolidation clears the path for Abra Group’s next strategic move: closing GOL’s capital in Brazil and, at a later stage, launching an IPO of Abra itself in the United States, centralizing the group’s listing structure abroad.