DLocal Limited (NASDAQ:DLO, &ldquo, DLocal&rdquo, or the &ldquo, Company&rdquo, ))), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets today commented on a short seller report published by Muddy Waters Capital:
The report contains numerous inaccurate statements, groundless claims and speculation. Short seller reports are often designed to drive the stock price downwards to serve the short seller’s interests to the detriment of the company’s shareholders. We caution shareholders from making investment decisions based on this report. Dlocal will rebut the allegations in the appropriate forum in due course.
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