Zenvia, which provides a customer experience communications platform in Latin America, postponed its IPO on Thursday. It had filed to raise $213 million by offering 12.9 million shares at a price range of $15.50 to $17.50.
The São Paulo, Brazil-based company was founded in 2004 and booked $81 million in revenue for the 12 months ended December 31, 2020. It had planned to list on the Nasdaq under the symbol ZENV. Goldman Sachs, Morgan Stanley, Bradesco BBI, Itau BBA, UBS Investment Bank and XP Investimentos were set to be the joint bookrunners on the deal.
