Arco Platform LimitedArco Platform LimitedArco Platform Limited
DelistedDelistedDelisted

Arco Platform Limited

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About Arco Platform Limited


CEO
Ari de Sá Cavalcante Neto
Headquarters
Consolacao
Founded
2004
Arco Platform Ltd. engages in the provision of complete pedagogical system with technology-enabled features to deliver educational content to private schools and students. It operates through the following segments: Core and Supplemental. The Core segment provides solutions that address the Brazilian K-12 curriculum requirements through a personalized and interactive learning experience. The Supplemental segment is involved primarily in English as a second language, technological solutions for communication, Learning Management System platform, and content to develop socio emotional skills. The company was founded by Ari de Sá Cavalcante Neto in 2004 and is headquartered in Consolacao, Brazil.
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Delisting occurs when a security is removed from a stock exchange, either voluntarily or involuntarily. It happens for various reasons: some companies do it as they cease all operations, others opt for it as the result of bankruptcy. Among other reasons there are merging with another company, failing to meet listing requirements, or the transition to private ownership.
A stock's fate depends on the way the company delisted. If it delisted voluntarily, its shareholders typically receive cash as a buyout or corresponding shares in the acquiring company. However, when a company is forced to delist, shareholders have to either find a buyer on the exchange, or keep holding shares of an unlisted company.
ARCE reached its all-time high on Feb 21, 2020 with the price of 59.49 USD, and its all-time low was 7.85 USD and was reached on Nov 21, 2022. View more price dynamics on ARCE chart.
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