Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 69

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 69
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 Class A Common Share | Without                                              
 exercise of the option to purchase additional shares | With                                                      
 full exercise of the option to purchase additional shares |
|                                                                           | -in US$              | -in US$ millions                                     |                                                           |
| Public offering price                                                     |                      |                                                      |                                                           |
| Underwriting discounts and commissions payable by the selling shareholder |                      |                                                      |                                                           |
| Proceeds, before expenses, to the selling shareholder                     |                      |                                                      |                                                           |
| Total                                                                     |                      |                                                      |                                                           |

<div align='center'>S-44</div>

We estimate that the total expenses of this offering,
including registration, filing and listing fees, printing fees and legal and accounting expenses, but excluding the underwriting discounts
and commissions, will be approximately US$ . The
Company will pay certain of the expenses of this offering.

A prospectus in electronic format may be made
available on the web sites maintained by one or more underwriters, or selling group members, if any, participating in the offering. The
underwriters may agree to allocate a number of shares to underwriters and selling group members for sale to their online brokerage account
holders. Internet distributions will be allocated by the representatives to underwriters and selling group members that may
make Internet distributions on the same basis as other allocations.

We have agreed that we will not (i) offer,
pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right
or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, or publicly file with, the Securities and Exchange
Commission a registration statement under the Securities Act relating to, any of our common shares or securities convertible into or exercisable
or exchangeable for any of our common shares, or publicly disclose the intention to make any offer, sale, pledge, loan, disposition or
filing, or (ii) enter into any swap or other arrangement that transfers all or a portion of the economic consequences associated
with the ownership of any of our common shares or any such other securities (regardless of whether any of these transactions are to be
settled by the delivery of common shares or such other securities, in cash or otherwise), in each case without the prior written consent
of the representatives of the underwriters for a period of 90 days after
the date of this prospectus supplement, other than the Class A common shares to be sold in this offering.

The restrictions on our