David Vélez Osorno and Rua California Ltd., entities with significant holdings in Nu Holdings Ltd., have filed an amended Schedule 13G/A with the U.S. Securities and Exchange Commission (SEC) on February 14, 2024. The amendment indicates that as of December 31, 2023, David Vélez Osorno, through direct and indirect holdings, including those of his spouse and Rua California Ltd., a company he controls, has a combined beneficial ownership of 967,309,863 Class A and Class B ordinary shares of Nu Holdings Ltd. This represents 20.8% of the company's class of securities. The filing, which amends and restates previous submissions, clarifies the ownership structure and voting power associated with the shares, noting that each Class A ordinary share is entitled to one vote, while each Class B ordinary share is entitled to 20 votes. However, for the purpose of this report, Class B shares are treated as converted into Class A shares.

David Vélez Osorno and Rua California Ltd., entities with significant holdings in Nu Holdings Ltd., have filed an amended Schedule 13G/A with the U.S. Securities and Exchange Commission (SEC) on February 14, 2024. The amendment indicates that as of December 31, 2023, David Vélez Osorno, through direct and indirect holdings, including those of his spouse and Rua California Ltd., a company he controls, has a combined beneficial ownership of 967,309,863 Class A and Class B ordinary shares of Nu Holdings Ltd. This represents 20.8% of the company's class of securities. The filing, which amends and restates previous submissions, clarifies the ownership structure and voting power associated with the shares, noting that each Class A ordinary share is entitled to one vote, while each Class B ordinary share is entitled to 20 votes. However, for the purpose of this report, Class B shares are treated as converted into Class A shares.