Court Approves Out-of-Court Recovery Plan; New Shareholders to Vote on Share Issuance

In February 2025, the judiciary approved Sequoia’s out-of-court recovery plan, marking a critical step in the company’s turnaround strategy. A key feature of this plan is the involvement of new shareholders who will participate in a capital increase through share issuance.

The plan aims to inject fresh capital, strengthen the company’s balance sheet, and support ongoing operational improvements. This judicial endorsement provides legal certainty, enabling Sequoia to negotiate effectively with creditors and stakeholders.

Sequoia’s management emphasized that the new shareholders’ participation will bring not only capital but also strategic expertise, fostering innovation and operational efficiency. Investors are advised to monitor the voting process, which will influence the company’s governance and future financial structure.

This development highlights Sequoia’s commitment to transparency and shareholder value creation, reinforcing its position in the competitive logistics market.

Source: Valor Econômico, February 22, 2025