🧾 What This Document Is 📄

This is a 6-K filing, which is an SEC report used by public companies to announce material, unscheduled corporate events. Essentially, dLocal is using this filing to inform investors about a major legal victory. You should expect a clear explanation of the lawsuit, the court's ruling, and what this legal outcome means for the company's reputation and operations.

👉 The headline finding is that dLocal successfully had a significant class action lawsuit dismissed by a New York State Appellate Division, confirming the legal strength of the company’s disclosures.

🏢 What dLocal Does 🌎

dLocal is a leading financial infrastructure platform that helps connect global companies with merchants in high-growth emerging markets. In simple terms, they build the payment plumbing needed for businesses to operate across borders.

👉 The company's core function is allowing global businesses to accept payments, send payouts, and settle funds in local currencies across regions like Africa, Asia, the Middle East, and Latin America. This is achieved through their "One dLocal" concept—providing one direct API, one platform, and one contract.

🏛️ The Dismissal of the Lawsuit 🎉

dLocal announced that a putative class action lawsuit, titled In the Matter of DLocal Securities Litigation, has been dismissed. This is a major win that removes significant legal uncertainty and distraction from the company’s focus.

• The lawsuit was filed in New York and had named the company and its individual defendants.
• The dismissal was reached after the Supreme Court of the State of New York, Appellate Division, First Department, unanimously affirmed the decision.
• The ruling confirms that all claims brought by the plaintiffs lacked merit, which is a strong validation of dLocal's corporate filings and practices.

⚖️ The Allegations Made by Plaintiffs 📜

The plaintiffs in the class action lawsuit alleged that dLocal had provided materially misleading statements and omissions in its registration statement and prospectus. Specifically, the plaintiffs were concerned about alleged trends related to the company's "take rate."

👉 A "take rate" refers to the percentage of every transaction that the company keeps as revenue. By alleging misstatements regarding this trend, the plaintiffs were questioning the accuracy of dLocal's financial disclosures about how they earn money.

🏛️ The Court’s Rationale for Dismissal ✅

The court unanimously rejected the plaintiffs' claims, finding that the allegations lacked legal merit. The court specifically stated that the plaintiffs failed to identify a known material trend that was misleading.

• The court's decision emphasized the company’s consistent growth across multiple financial metrics.
• The court rejected the claims because the plaintiffs did not prove that dLocal was hiding any material information regarding its payment performance.

📈 Key Metrics Used to Support the Dismissal 📊

A crucial part of the court's decision was acknowledging dLocal’s financial strength. The court pointed to the company's positive and consistent growth in several key areas.

• The court noted the company's "consistent growth in total payment volume (TPV)."
• The court also cited the company's demonstrated growth in total revenue and gross profit.
• 👉 By citing the steady increase in TPV, revenue, and gross profit, the court essentially recognized that the company was performing well and its disclosed numbers were accurate.

🗣️ Management's Commentary on the Victory 🚀

dLocal’s CEO, Pedro Arnt, issued a statement thanking the company for the ruling and emphasizing the focus on core business operations.

• Pedro Arnt stated: “We are pleased that the Appellate Division unanimously affirmed the complete dismissal of this case in a decision that recognizes the strength of the Company’s disclosures, the growth of our total payment volume, revenue and gross profit in the pre-IPO period, and the merits of our position.”
• He added that the company remains "focused on executing our strategy and delivering value to our merchants, shareholders, and the communities we serve across emerging markets; not on the distractions generated by inaccurate allegations.”
• 👉 This commentary signals that management sees this legal victory not just as a win, but as allowing the entire team to focus back on executing the growth strategy and serving merchants.

📞 Contact Information & Next Steps 📧

If an investor or media representative needs further details or wants to learn more, the filing provided clear contacts.

• Investor Relations: [email protected]
• Media Contact: [email protected]

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🧠 The Analogy 🚂

Imagine a company that runs a massive, complex train network connecting many cities (dLocal). Suddenly, a group of disgruntled passengers (the plaintiffs) sue the company, claiming the train schedules and track maps given to them were fake or misleading. The court (the Appellate Division) listens to the lawsuit, reviews the company's actual operational data (proof of TPV, revenue, and profit growth), and concludes that the company's maps were correct and accurate. Dismissing the lawsuit is like getting the court to say, "The train network is real, the schedules are accurate, and you cannot sue based on old claims."

🧩 Final Takeaway 🌟

This dismissal is a major victory that legally validates dLocal’s financial reporting and operational practices in New York. It significantly reduces legal risk and allows the company's management to refocus entirely on executing its cross-border growth strategy in emerging markets.