Stock Markets February 11, 2026

Agi Prices NYSE IPO at $12 Per Class A Share

Brazilian financial-services firm files for NYSE listing with 20 million-share offering and underwriter overallotment option

By Sofia Navarro
Agi Prices NYSE IPO at $12 Per Class A Share

AGI Inc set its initial public offering price at $12.00 per Class A common share for a 20 million-share offering and plans to list on the New York Stock Exchange under the ticker AGBK on February 11, 2026. The offering is expected to close on February 12, 2026, subject to customary closing conditions, and underwriters have a 30-day option to acquire up to an additional 3 million shares.

Key Points

  • AGI Inc priced its IPO at $12.00 per Class A common share for an offering of 20 million shares.
  • Class A shares are expected to begin trading on the NYSE under ticker AGBK on February 11, 2026, with the offering expected to close on February 12, 2026, subject to customary closing conditions.
  • Goldman Sachs and Morgan Stanley are active global coordinators; Citigroup is passive global coordinator; multiple banks serve as passive joint bookrunners; Oppenheimer & Co. and Susquehanna Financial Group are co-managers.

AGI Inc, a financial services company based in Brazil, has priced its initial public offering at $12.00 per Class A common share, the company said in a statement. The public offering consists of 20 million Class A common shares.

The company's Class A common shares are slated to begin trading on the New York Stock Exchange under the symbol "AGBK" on February 11, 2026. The offering is expected to close on February 12, 2026, subject to customary closing conditions.

Investment banking roles for the transaction are led by Goldman Sachs and Morgan Stanley, which are acting as active global coordinators. Citigroup is listed as a passive global coordinator. Passive joint bookrunner duties have been assigned to Bradesco BBI, BTG Pactual, Itafa BBA, Santander, Socit Gnrale and XP Investment Banking. Oppenheimer & Co. and Susquehanna Financial Group will serve as co-managers on the offering.

As part of the underwriting arrangements, AGI has granted the underwriters a 30-day option to purchase up to an additional 3 million Class A common shares at the IPO price, less customary underwriting discounts and commissions. This overallotment option is exercisable for 30 days following the offering.

The company filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission, and that filing has been declared effective. The offering will be conducted in accordance with the requirements of the U.S. Securities Act of 1933 and applicable securities laws.


Context and implications

The pricing, subscription size and specified roles of lead and passive underwriters outline the capital markets architecture for AGI's U.S. public debut. The timetable provided identifies February 11, 2026 as the expected start of trading and February 12, 2026 as the anticipated closing date, both contingent on customary closing conditions described by the company.

What remains contingent

  • The closing of the offering remains subject to customary closing conditions.
  • The underwriters' 30-day option could increase the number of shares available in the offering by up to 3 million Class A common shares.
  • The offering will proceed under the rules and procedures set forth in the effective Form F-1 and applicable U.S. securities laws.

No additional forward-looking claims, valuation judgments or market expectations were provided in the company's statement beyond the pricing, timetable, underwriting structure and regulatory filing status.

Risks

  • The closing of the offering is subject to customary closing conditions, indicating that completion is not guaranteed until those conditions are satisfied - impacts capital markets and banking participants.
  • Underwriters have a 30-day option to purchase up to an additional 3 million Class A common shares, which could increase the share count offered - relevant to investors' potential dilution and capital markets activity.
  • Although the Form F-1 has been declared effective by the SEC, the offering must still be conducted in accordance with the U.S. Securities Act of 1933 and applicable securities laws, which governs regulatory compliance for the transaction.

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