0000950103-21-012097.txt : 20210810 0000950103-21-012097.hdr.sgml : 20210810 20210809190447 ACCESSION NUMBER: 0000950103-21-012097 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20210809 FILED AS OF DATE: 20210810 DATE AS OF CHANGE: 20210809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Arco Platform Ltd. CENTRAL INDEX KEY: 0001740594 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38673 FILM NUMBER: 211157911 BUSINESS ADDRESS: STREET 1: RUA AUGUSTA 2840 STREET 2: 9TH FLOOR, SUITE 91 CITY: SAO PAULO - SP STATE: D5 ZIP: 01412-100 BUSINESS PHONE: 55 (11) 3047-2655 MAIL ADDRESS: STREET 1: RUA AUGUSTA 2840 STREET 2: 9TH FLOOR, SUITE 91 CITY: SAO PAULO - SP STATE: D5 ZIP: 01412-100 6-K 1 dp156017_6k.htm FORM 6-K

 

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2021

 

 

Commission File Number: 001-38673

 

Arco Platform Ltd.

(Exact name of registrant as specified in its charter)

 

Rua Augusta 2840, 9th floor, suite 91

Consolação, São Paulo – SP

01412-100, Brazil
+55 (11) 3047-2655

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F  

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes     No

X

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes     No

X

 

 

 

 

 

 

TABLE OF CONTENTS

 

EXHIBIT  
99.1 Press Release dated August 9, 2021 – Arco Announces Changes to its Board of Directors

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Arco Platform Ltd.
     
     
      By: /s/ Ari de Sá Cavalcante Neto
        Name: Ari de Sá Cavalcante Neto
        Title: Chief Executive Officer

Date: August 9, 2021

 

 

EX-99.1 2 dp156017_ex9901.htm EXHIBIT 99.1

 

Exhibit 99.1

 

 

Arco Announces Changes to its Board of Directors

 

São Paulo, Brazil, August 9, 2021 – Arco Platform Limited, or Arco (Nasdaq: ARCE), announces that Mr. Pablo Doberti, board member since August 2019, and Mr. David Peixoto, board member since August 2020, have submitted their resignation letters as members of the Board of Directors and, consequently, as members of the Audit Committee, effective as of today.

 

The announcement is part of a renewal process initiated in the beginning of the year to promote new insights on the business environments and the Company’s strategy.

 

“The Board of Directors and myself would like to extend our warmest thanks to Mr. Doberti and Mr. Peixoto for the significant contribution they have made to Arco’s mission during their period of office”, said Ari de Sá Neto, Arco’s founder and Chief Executive Officer.

 

Arco’s Board of Directors is now composed of three members of the controlling family, including its non-executive Chairman and its CEO, and five independent members, resulting in a diversity of skills and experience to enhance Arco’s decision-making and accelerate its mission of delivering high quality education at scale:

 

Name Position
Oto Brasil de Sá Cavalcante Chairman
Ari de Sá Cavalcante Neto Director
Paula Soares de Sá Cavalcante Director
Beatriz Amary Independent Director
Carla Schmitzberger Independent Director
Edward Ruiz Independent Director*
Martin Escobari Independent Director
Stelleo Tolda Independent Director

* Member of Arco’s Audit Committee.

 

About Arco Platform Limited (Nasdaq: ARCE)

 

Arco has empowered hundreds of thousands of students to rewrite their futures through education. Our data-driven learning methodology, proprietary adaptable curriculum, interactive hybrid content, and high-quality pedagogical services allow students to personalize their learning experience with while enabling schools to thrive.

 

 

 

Forward-Looking Statements

 

This press release includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Statements contained herein that are not clearly historical in nature are forward-looking, and the words “anticipate,” “believe,” “continues,” “expect,” “estimate,” “intend,” “project” and similar expressions and future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may,” or similar expressions are generally intended to identify forward-looking statements. These forward-looking statements speak only as of the date hereof and are based on Arco’s current plans, estimates of future events, expectations and trends that affect or may affect our business, financial condition, results of operations, cash flow, liquidity, prospects and the trading price of Arco’s Class A common shares, and are subject to several known and unknown uncertainties and risks, many of which are beyond Arco’s control. Therefore, current plans, anticipated actions and future financial position and results of operations may differ significantly from those expressed in any forward-looking statements in this press release. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented. Arco does not undertake any obligation to update publicly or to revise any forward-looking statements after we distribute this press release because of new information, future events or other factors.

 

Investor Relations Contact

Arco Platform Limited

IR@arcoeducacao.com.br

 

Image

 

 

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