DECRETO 3155 DE 1968 PDF

Dajas decreto ley de pdf Paper is a commodity and its price may be impacted by fluctuations in foreign exchange rates and commodities prices, and can be subject to significant volatility. The success of an acquisition or investment will depend on our ability to make accurate assumptions regarding the valuation, operations, growth potential, integration and other factors related to that business. We cannot predict with certainty the magnitude of future xecreto changes for paper, postage, and printing and publishing in general. We operate through long-term service contracts with private schools. We must continue to hire additional personnel to execute our strategic plans.

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Arami We cannot assure you that a migration from decrto education content providers to education platform providers will be successful in the future, or that we will be able to compete successfully against our current or future competitors. Our competitors may begin to offer educational solutions similar to or better than those offered by us, have access to more funds, be more prestigious or well-regarded within the academic community, or charge lower fees. They achieve this by leveraging feedback from dcreto i highly-qualified base of over experienced educational authors in Brazil on the df of materials we produce, and ii network of partner schools and teachers on the impact of our materials on student performance.

The real depreciated against the U. We rely upon a third-party data center service provider to host certain aspects of our platform and content and any disruption to, or interference with, our use of such services, could impair our ability to deliver our platform, resulting in customer dissatisfaction, damaging our reputation and harming our business. New investors in ds common shares will experience immediate and substantial book value dilution after this offering.

Our business, decretl condition, results of operations and prospects may have changed since the date on the front cover of this prospectus. If this Form is filed to register additional securities for an offering pursuant to Rule b under the Securities Act, check the following box and list decretto Securities Act registration statement number of the earlier effective registration statement for the same offering. The advanced state of our platform reflects a process of evolution spanning over a decade, making it difficult to replicate.

We have also invested in a select group of education technology startups in an effort to bring new ideas decrsto solutions into our ecosystem. These Rules made by the National Labour Relations Board incorporate in 29 CFR Part an appendix setting forth the official starting and closing times of its various offices.

Many of our key personnel have worked for us for a significant amount of time or were recruited vecreto us specifically due to their industry experience. Our platform is difficult to replicate. It would also reduce the U. These developments, as well as potential crises and forms of political instability arising therefrom or any other as of yet unforeseen development, may harm our business and the price of our Class A common shares.

We believe that the strength of our business and growth prospects is supported by strong underlying market and industry trends, including:. This allows us to increasingly expand our margins as we grow the number of students we serve, while generating cash to fund the development of new products and features, as well as identify acquisitions and strategic investments. We strive to innovate and instill in our professionals a passion for serving all of our stakeholders and seeking impactful next-generation solutions for private K education.

We have agreed with the underwriters, subject to certain exceptions, not to offer, sell or dispose of any shares in its share capital or securities convertible into or exchangeable or exercisable for any shares in its share capital during the day period following the date of this prospectus.

Exceptions to arbitral awards. We believe that our sales efforts will benefit as the performance of partners schools using our educational platform becomes more widespread and widely known. However, the Act requires that collective agreements be for a minimum of two years and it also establishes a special bargaining impasse resolution machinery.

If any of the risks discussed in this prospectus actually occur, alone or together with additional risks and uncertainties not currently known to us, or that we currently deem immaterial, our business, financial condition, results of operations and prospects may be materially adversely affected.

In addition, we could incur significant costs in complying with relevant laws and regulations regarding the unauthorized disclosure of personal information, which may be affected by any changes to data privacy legislation at both the federal and state levels.

We own 18 trademark registrations. Failure to comply with data privacy regulations could result in reputational damage to our brands and adversely affect our business, financial condition and results of operations. We control a number of subsidiary companies in Brazil that carry out our business activities. We believe that traditional content distribution models are becoming obsolete.

We face several technological risks associated with online product service delivery, information technology security including virus and cyber-attackse-commerce and. Amends title 18 of the United States Code to provide increased penalties for certain major frauds against the United Statesection Section of title 18 is amended by the insertion of section 1 g which authorises the Attorney General to make payments to persons who furnish information relating to a possible prosecution under section reward for whistleblowers.

To compete effectively, we may be required to reduce our fees that we charge partner schools or increase our operating expenses in order to retain dd schools or attract new schools or to pursue new market opportunities. Thus, our businesses could be adversely affected if our systems and infrastructure experience a significant failure or interruption in the event of future attacks on our system by unauthorized parties.

A significant breach could result in a devastating impact on our reputation, financial condition or student experience. Expand our partner school base. In the past, Brazil has experienced extremely high rates of inflation. We expect our working capital needs to increase as our business expands. Most Related.

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DECRETO 3155 DE 1968 PDF

Zululkis Any deterioration in our relationship with our partner schools, and any early termination of, or a failure to renew, our contracts with our schools may harm our image, impair our ability to pursue our growth strategy, and materially adversely affect our business, our operating and financial results and our cash flows. The following tables set forth, for the periods and as of the dates indicated, our summary financial and other data. Our primary source of income is the payments we receive from our partner schools in connection with the contract fees per student that we charge them to use our educational platform. The following list summarizes some, but not all, of these risks. Many investment funds are precluded from investing in companies that are not included in such indices, and these funds would be unable to purchase our Class A common shares if we were not included in such indices.

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Arami We cannot assure you that a migration from decrto education content providers to education platform providers will be successful in the future, or that we will be able to compete successfully against our current or future competitors. Our competitors may begin to offer educational solutions similar to or better than those offered by us, have access to more funds, be more prestigious or well-regarded within the academic community, or charge lower fees. They achieve this by leveraging feedback from dcreto i highly-qualified base of over experienced educational authors in Brazil on the df of materials we produce, and ii network of partner schools and teachers on the impact of our materials on student performance. The real depreciated against the U. We rely upon a third-party data center service provider to host certain aspects of our platform and content and any disruption to, or interference with, our use of such services, could impair our ability to deliver our platform, resulting in customer dissatisfaction, damaging our reputation and harming our business.

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Mikaran In addition, the publishing industry has been, and we expect in the future will continue to be, the target of counterfeiting and piracy. Our business historically has operated as a privately-owned company, and we expect to incur significant additional legal, accounting, reporting and other expenses as a ds of having publicly traded Class A common shares. This may afford less protection to holders of our Class A common shares. These actions, if required, may be unavailable on terms acceptable to us or may be costly or unavailable. We must constantly update our software and platform, enhance and improve our billing and transaction and other business systems, and add and train new software designers and engineers, as well as other personnel to accommodate the increased use of our platform and the new solutions and features we regularly introduce. We have a drcreto time which ee define as the period from the moment of first contact to the execution of a contract for the acquisition of deceto partner schools, and we typically enter into contracts with new partner schools within one year from the moment of first contact, which requires a series of interactions and constant contact, including dedicated sessions for experimentation with our platform and testing, events aimed at target partner schools, product journeys and guided visits to our business units, and industry fair exhibits. An investment in our Class A common shares is subject to a number of risks, including risks relating to our business and industry, risks related to Brazil and risks related decreho the offering and our Class A common shares.

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