Company: DLO
Filing Date: 2025-09-03
Form Type: F-3ASR
Source: 0000950103-25-011186
Chunk: 36

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: F-3ASR
Chunk 36
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 as part of a registration statement in reliance               
 on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii) or (x) for the purpose of providing the information required     
 by section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier       
 of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering   
 described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, 
 such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement     
 to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide                  
 offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration          
 statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is          
 part of the registration statement will, as to a                                                                                                |

<div align='center'>II-2</div>

purchaser with a time of contract of sale prior to such effective
date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement
or made in any such document immediately prior to such effective date.

| (6) | That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial 
 distribution of the securities:                                                                                                   |

The undersigned registrant undertakes that in a primary offering of
securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the
securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications,
the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

| (i) | any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 
 424;                                                                                                                                  |

| (ii) | any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to