In the SIC, the movement and price of the shares is equal to that of their home market. The firm’s shares are priced in Mexico at around 147 pesos ($7.1).
“Now the Mexicans can also be our partners. We are excited to be able to continue this path of growth hand in hand with our clients and partners and to continue building together our history that is already eight years old in Latin America and three in our country,” Emilio González, general director of Nu México, said in a statement.
The debut of Nu, which in Mexico has been in operation for 3 years and has 1.4 million clients, in the capital market was considered the largest dual Initial Public Offering (IPO) in the world since 2012, raising nearly 2,800 million dollars .
Since going public, Nu shares have registered a maximum of 11.9 dollars and a minimum of 6.8 dollars
The SIC allows investors in Mexico to access shares and exchange-traded funds (ETFs) listed in other countries without leaving the Mexican market. Nubank is the 102nd company (77 Stocks and 25 ETFs) to reach the SIC in 2022, with a total of more than 3,000 listed securities.