NETS - Netshoes (Cayman) Limited

NYSE - NYSE Delayed Price. Currency in USD
3.7000
-0.1000 (-2.63%)
At close: 6:07PM EDT
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Previous Close3.8000
Open3.7300
Bid0.0000 x 45100
Ask0.0000 x 800
Day's Range3.6800 - 3.7678
52 Week Range0.9500 - 3.8500
Volume1,980,473
Avg. Volume445,287
Market Cap114.908M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wirelast month

    Netshoes Announces the Consummation of the Merger with Magazine Luiza

    Netshoes (Cayman) Limited (the “Company”) announces today the consummation of the previously announced merger with a Magazine Luiza wholly-owned subsidiary (the “Merging Company”) (the “Merger”) as a result of all conditions precedent for the consummation of this merger having been satisfied, including approval by (i) Brazilian anti-trust authorities and (ii) a 90.32% favorable vote by shareholders present, either in person or by proxy, at the Company’s extraordinary general meeting of shareholders held on June 14, 2019. Pursuant to the terms of this transaction, the Merging Company merged with and into the Company, with the Company continuing as the surviving company (the “Surviving Company”) and as a wholly owned subsidiary of Magazine Luiza S.A. As a result of the consummation of the Merger, the Company’s shareholders, other than those who have validly exercised their statutory right to dissent to the merger, will be entitled to receive the merger consideration of US$3.70 in cash per common share, without interest and less any applicable withholding taxes (the “Merger Consideration”).

  • Business Wirelast month

    Voting Results of the Extraordinary General Meeting of Shareholders of the Company held on June 14, 2019

    Netshoes Limited provides its shareholders and the market with the final results for the votes of its extraordinary general meeting of shareholders held on June 14, 2019 .

  • Business Wirelast month

    Netshoes Announces Receipt of Revised Centauro Offer and that the Netshoes Board Is Unable in the Available Time to Reach a Determination as to the Centauro Offer and Reaffirms Recommendation for a Transaction with Magazine Luiza

    Netshoes (Cayman) Limited (NETS) announces that it has received at 6:53 p.m. and 11:00 p.m. (São Paulo time) on June 13, 2019 further revised unsolicited proposals from Grupo SBF S.A., a sociedade anônima incorporated under the laws of Brazil and with shares listed in the Brazilian stock exchange (B3) under ticker “CNTO3” (“Centauro”), for purchase of all of the outstanding common shares of Netshoes through a merger transaction pursuant to which Netshoes shareholders would receive a payment in cash of US$4.10 for each share (the “Centauro Offer”). As previously announced, on June 13, 2019 Netshoes entered into a second amendment to the Agreement and Plan of Merger, dated April 29, 2019 and amended on May 26, 2019, by and among Netshoes, Magazine Luiza S.A. (“Magalu”) and its subsidiary (as amended from time to time, the “Merger Agreement”) to increase the Per Share Merger Consideration (as such term is defined in the Merger Agreement) from US$3.00 to US$3.70, and to increase the amount of that certain Company Termination Payment (as such term is defined in the Merger Agreement) from US$1,800,000 to US$6,000,000.

  • Business Wirelast month

    Netshoes Announces Amendment to the Merger Agreement with Magazine Luiza

    Netshoes (Cayman) Limited (NETS) announces that it has entered into a second amendment to the Agreement and Plan of Merger, dated April 29, 2019, and amended on May 26, 2019, by and among Netshoes, Magazine Luiza S.A. (“Magalu”) and its subsidiary (as amended from time to time, the “Merger Agreement”) to increase the Per Share Merger Consideration (as such term is defined in the Merger Agreement) from US$3.00 to US$3.70, and to increase the amount of that certain Company Termination Payment (as such term is defined in the Merger Agreement) from US$1,800,000 to US$6,000,000 (the “Amendment”). The Amendment was executed after careful review and consideration, by the Board of Directors of Netshoes (the “Netshoes Board”), of (i) a revised unsolicited proposal received on June 11, 2019, from Grupo SBF S.A., a sociedade anônima incorporated under the laws of Brazil and with shares listed in the Brazilian stock exchange (B3) under ticker “CNTO3” (“Centauro”), for purchase of all of the outstanding common shares of Netshoes through a merger transaction pursuant to which Netshoes shareholders would receive a payment in cash of US$3.70 for each share, and (ii) Magalu’s proposed amendments to the Merger Agreement, as set forth in the Amendment.

  • Business Wire2 months ago

    Netshoes Announces Issuance of Call Notice for a Shareholders’ Meeting for Approval of Merger Agreement with Magazine Luiza

    Netshoes (Cayman) Limited (NETS) announces that it has issued on June 3, 2019 a notice calling an extraordinary general meeting of shareholders to be held on June 14, 2019, at 11 a.m. (São Paulo time) (10:00 a.m. Eastern time) (“Extraordinary General Meeting”), for approval of the transactions contemplated by the Agreement and Plan of Merger entered into by and among Netshoes, Magazine Luiza S.A. (“Magalu”) and its subsidiary on April 29, 2019, as amended on May 26, 2019 (and as it may be further amended, varied or supplemented by the parties from time to time after the date hereof, including but not limited to increase the merger consideration) (the “Merger Agreement”). As previously disclosed, Netshoes received an unsolicited acquisition proposal from Grupo SBF S.A. (“Centauro”) on May 23, 2019, which was supplemented by a revised Centauro proposal on May 28, 2019 that provided for the payment of a per share consideration of US$3.50.

  • Business Wire2 months ago

    Netshoes Announces Receipt of Revised Unsolicited Proposal from Grupo SBF S.A. and Adjournment of May 30, 2019 Shareholders’ Meeting

    Netshoes (Cayman) Limited (NETS) announces that it has received on May 28, 2019 a revised unsolicited proposal from Grupo SBF S.A., a sociedade anônima incorporated under the laws of Brazil and with shares listed in the Brazilian stock exchange (B3) under ticker “CNTO3” (“Centauro”), for purchase of all of the outstanding common shares of Netshoes through a merger transaction pursuant to which Netshoes shareholders would receive a payment in cash of US$3.50 for each share of Netshoes common stock. Centauro’s offer also set forth other features to address specific concerns previously raised by Netshoes as to its prior offer.

  • Business Wire2 months ago

    Netshoes Announces Receipt of Unsolicited Proposal from Grupo SBF S.A.

    Netshoes (Cayman) Limited (NETS) announces that it has received on May 23, 2019 an unsolicited proposal from Grupo SBF S.A., a sociedade anônima incorporated under the laws of Brazil and with shares listed in the Brazilian stock exchange (B3) under ticker “CNTO3” (“Centauro”), for purchase of all of the outstanding common shares of Netshoes through a merger transaction pursuant to which Netshoes shareholders would receive a payment in cash of US$2.80 for each share of Netshoes common stock. As previously announced on April 29, 2019, following approval from the Netshoes’ board of directors, Netshoes entered into an Agreement and Plan of Merger (“Merger Agreement”) with Magazine Luiza S.A. and its wholly-owned subsidiary located in the Cayman Islands, under which Magazine Luiza S.A. would acquire all of the outstanding common shares of Netshoes at a price of US$2.00 per share in cash for each common share.

  • Business Wire3 months ago

    Netshoes (Cayman) Limited: Filing of 2018 Annual Report on Form 20-F

    Netshoes Limited , has filed with the U.S. Securities and Exchange Commission its annual report on form 20-F for the year ended December 31, 2018. A copy of this report is available on the Netshoes’ Investor Relations webpage, at http://investor.netshoes.com/sec-filings.

  • GlobeNewswire8 months ago

    ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Netshoes (Cayman) Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Netshoes (Cayman) Limited (“Netshoes” or “the Company”) (NYSE: NETS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Specifically, the investigation will focus on Netshoes’ filings with the SEC in conjunction with its April 12, 2017, IPO to determine if the filings include materially misleading information, untrue statements, and other relevant falsehoods.

  • Business Wire8 months ago

    Netshoes (Cayman) Ltd.: Third Quarter 2018 Results

    Netshoes Ltd. , Latin America’s leading online retailer of sporting and lifestyle goods, today reported unaudited consolidated financial results for the nine and three-month period ended September 30, 2018.

  • Business Wire8 months ago

    Netshoes (Cayman) Ltd. Announces Date for Third Quarter 2018 Earnings Release and Conference Call

    SÃO PAULO-- -- Earnings Release scheduled for Tuesday, November 13, 2018 after the market closes Conference Call scheduled for Wednesday, November 14, 2018 at 8:30 am Netshoes Limited , Latin America’s leading online retailer of sports and lifestyle goods, will release its results for the three and nine-month period ending September 30, 2018 on Tuesday, November 13, 2018 after the market closes. Netshoes ...

  • ACCESSWIRE10 months ago

    IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Netshoes (Cayman) Limited and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / October 2, 2018 /The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Netshoes (Cayman) Limited ("Netshoes" or "the Company") (NYSE: NETS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Specifically, the investigation will focus on Netshoes' filings with the SEC in conjunction with its April 12, 2017, IPO to determine if the filings include materially misleading information, untrue statements, and other relevant falsehoods.

  • ACCESSWIRE10 months ago

    INVESTOR ALERT: Kaskela Law LLC Announces Investigation of Netshoes (Cayman) Limited - NETS

    RADNOR, PA / ACCESSWIRE / September 27, 2018 / Kaskela Law LLC is investigating claims on behalf of investors of Netshoes (Cayman) Limited ("Netshoes" or the "Company") (NYSE: NETS). ...

  • RM LAW Announces Class Action Lawsuit Against Netshoes (Cayman) Limited
    PR Newswire10 months ago

    RM LAW Announces Class Action Lawsuit Against Netshoes (Cayman) Limited

    BERWYN, Pa. , Sept. 24, 2018 /PRNewswire/ --  RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of purchasers of the securities of Netshoes (Cayman) Limited (NYSE: NETS) ("Netshoes" ...

  • PR Newswire11 months ago

    Investor Alert: Kaplan Fox Continues Investigation Of Netshoes (Cayman) Limited

    NEW YORK , Aug. 24, 2018 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP ( www.kaplanfox.com ) has been investigating claims on behalf of investors of Netshoes (Cayman) Limited ("Netshoes" or the ...

  • Business Wire11 months ago

    INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Netshoes (Cayman) Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Netshoes (Cayman) Limited (“Netshoes” or “the Company”) (NYSE: NETS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

  • PR Newswire11 months ago

    SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Netshoes (Cayman) Limited (NETS)

    NEW YORK , Aug. 21, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Netshoes (Cayman) Limited ("Netshoes" ...

  • Business Wire11 months ago

    EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Netshoes (Cayman) Limited

    Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Netshoes Limited resulting from allegations that Netshoes may have issued materially misleading business information to the investing public.

  • Business Wire11 months ago

    Robbins Arroyo LLP: Netshoes (Cayman) Limited (NETS) Misled Shareholders According to a Recently Filed Class Action

    Shareholder rights law firm Robbins Arroyo LLP announces that purchasers of Netshoes (Cayman) Limited (NETS) common stock issued in connection with the company's April 12, 2017 initial public offering ("IPO") have filed a class action complaint against the company's officers and directors for alleged violations of the Securities Act of 1933. Netshoes, through its subsidiaries, operates as a sports and lifestyle online retailer in Brazil and internationally.

  • ACCESSWIRE11 months ago

    Netshoes (Cayman) Limited to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 10, 2018 / Netshoes (Cayman) Limited (NYSE: NETS ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 10, 2018 at 8:30 AM Eastern ...

  • Business Wire11 months ago

    Netshoes Limited Announces Second Quarter 2018 Results

    Netshoes Ltd. , Latin America’s leading online retailer of sporting and lifestyle goods, today reported unaudited consolidated financial results for the three and six-month period ended June 30, 2018.

  • Business Wirelast year

    Netshoes (Cayman) Ltd. Announces Date for Second Quarter 2018 Earnings Release and Conference Call

    SÃO PAULO-- -- Earnings Release scheduled for Thursday, August 9, 2018 after the market closes Conference Call scheduled for Friday, August 10, 2018 at 8:30 am Netshoes Limited , Latin America’s leading online retailer of sports and lifestyle goods, will release its results for the three and six-month period ending June 30, 2018 on Thursday, August 9, 2018 after the market closes. Netshoes will host ...

  • PR Newswirelast year

    Lifshitz & Miller LLP Announces Investigation of Education Realty Trust, Inc., Flex Pharma, Inc. (FLKS), Netshoes (Cayman) Limited, Northwest Bancorporation, Inc., Pinnacle Foods, Inc., Restoration Robotics, Inc., Unum Group and Xerium Technologies, Inc.

    NEW YORK , Aug. 2, 2018 /PRNewswire/ -- Education Realty Trust, Inc. (EDR) Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of ...