• Helbor Empreendimentos' controlling shareholders reduced their direct stakes to zero through HBR Realty's exchange offer, disclosed November 10, 2026.
• Hélio Borenstein sold 51,615,538 ordinary shares; Henrique Borenstein sold 9,893,995; Henry Borenstein sold 5,588,601.
• HBR Realty became the direct controlling shareholder, while the former direct holders retained indirect control.

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 November 10, 2026, and is solely responsible for the information contained therein.