LAUR - Afya Readies Plans For $234 Million IPO
Quick Take
Afya (AFYA) has filed to raise gross proceeds of $234 million from a U.S. IPO, according to an F-1/A registration statement.
The firm provides technology-based, personalized educational services for physicians in Brazil.
AFYA management is proposing a high IPO valuation while the Brazilian economy and currency is still subject to unforeseen shocks, so I'll be watching this IPO from the sidelines.
Company & Technology
Minas Gerais, Brazil-based Afya was founded in 2016 to operate a network of undergraduate and graduate campuses as well as a digital medical education platform for