Insurance for Public Offering of Securities (POSI)
The purpose of this insurance is to provide coverage to the Issuer, its directors and managers on claims arising from the opening of capital on the stock exchange (IPO – Initial Public Offering), as well as secondary offers (Follow On) of securities that are subject to specific regulations imposed by the CVM.
The following are persons insured by POSI Insurance:
- Directors (Individuals) of the Borrower or a Subsidiary
- Borrower and its Subsidiaries (Legal Entity)
- Selling Shareholders and their Managers, if the Selling Shareholder is a legal entity
- Controlling Shareholders and their Managers, if the Controlling Shareholder is a legal entity