HBR Realty (HBRE3) reported in a material fact released this Monday, October 5, 2026, the launch of a unified exchange tender offer (OPA) to acquire control and cancel the registration of Helbor as a publicly held company, with Helbor consequently leaving B3’s Novo Mercado segment. The offer covers up to all of Helbor’s outstanding common shares, excluding treasury shares, at a price of R$ 2.52 per share, to be settled through the delivery of 0.81553398 common share issued by HBR for each Helbor share.
The settlement of the OPA is subject, among other conditions, to HBR Realty’s acquisition of control of Helbor and to the favorable vote of Helbor’s free float shareholders representing more than two-thirds of the shares held by shareholders eligible to participate in the offer auction.
The final tender offer prospectus, containing detailed information on the transaction, procedures and the auction for the acquisition of Helbor shares, is available on the investor relations websites of Helbor, the Brazilian Securities and Exchange Commission (CVM) and B3. The auction will be held on B3’s Electronic Trading System on October 28, 2026, at 3:00 p.m., Brasília time, and the prospectus will also be published on October 6, 2026, in the newspaper O Estado de S. Paulo.
