Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 28

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 28
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 Africa, subject to regulatory approvals.
Following this announcement in July 2025, AZA Finance became the subject of a third-party complaint that may result in us pursuing a restructured
deal focused on the assets/entities most relevant to dLocal, subject to conclusion of the third-party claim and regulatory approvals.
As part of our originally announced acquisition of AZA Finance, we had extended a credit facility to AZA Finance to help fund AZA Finance’s
working capital, pending completion of the acquisition. This credit facility is recorded as an asset on our balance sheet at a fair value
of US$23.2 million as of June 30, 2025 (please see Note 18 to the 2Q25 Financial Statements). We continue to monitor closely the progress
of this claim. Depending on the outcome of the third-party claim and the final structure of the transaction, we may be required
to reassess the recoverability of the asset.

As of June 30, 2025, we had recorded assets
due from a third-party payment processor in a total amount of US$8.3 million, composed of US$2.1 million as Advances and other
receivables and US$6.2 million as Other financial asset measured at Fair Value through Profit or Loss, or FVPL. The
assets include a series of installment payments due over time. The first installment was timely paid on December 27,
2024. Following the third-party payment processor’s failure to pay the second installment due on June 30, 2025, we
are considering filing a legal claim

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against such payment processor for the entirety of
the amounts due. We will continue to monitor these assets, and depending on how collection efforts advance, we may be required
to reassess their recoverability.

Corporate Information

dLocal is incorporated as an exempted company
with limited liability in the Cayman Islands. Our principal executive office is located at Dr. Luis Bonavita 1294, Montevideo, Uruguay
11300. Our telephone number at our principal executive office is +1 (424) 392-7437. Our principal website is investor.dlocal.com. Information
provided on our website is not part of this prospectus supplement or the accompanying prospectus and is not incorporated by reference
herein or therein.

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THE OFFERING This summary highlights information presented in greater detail elsewhere in this prospect