• Helbor Empreendimentos’ board met on October 20, 2026, recommending shareholders accept HBR Realty’s share-exchange offer.
• The offer seeks control of Helbor, cancellation of its public-company registration and withdrawal from B3’s Novo Mercado segment.
• Shareholders would receive 0.81553398 HBR ordinary shares per Helbor share, based on an offer price of BRL 2.52 per share.
• Success effectively depends on support from holders of more than two-thirds of eligible shares registered for the auction.
• The auction is scheduled for October 28, 2026, with settlement on November 9, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Helbor Empreendimentos SA published the original content used to generate this news brief on October 20, 2026, and is solely responsible for the information contained therein.