CVM approves Arandu OPA for GetNinjas stock
Published on 10/14/2026 at 06:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOPA process and operating figures
- CVM approved Arandu Partners' OPA registration on October 5, 2026.
- The offer remained at BRL 0.67 per share against a BRL 0.66 valuation.
- Second-quarter 2026 revenue was BRL 2.24 million, down 89.60 percent year over year.
GetNinjas, now represented by Arandu Investimentos, faces an ownership transition after the Brazilian Securities Commission approved the OPA registration on October 5, 2026. The offer targets up to all ordinary shares outside the controlling shareholder's holdings, while GetNinjas stock remains tied to the BRL 0.67-per-share proposal.
OPA registration clears next step
According to SpaceMoney on October 5, 2026, the approval allows Arandu Partners Holding to advance the public tender offer for Arandu Investimentos. The notice covers up to the totality of the company's ordinary shares, excluding shares already held by the controller and treasury shares.
The next formal step is the OPA notice, which will set the auction date and the final conditions. That timetable matters because the approval itself starts the process but does not establish the auction schedule.
Offer value versus appraisal
On September 14, 2026, Arandu raised the appraisal value from BRL 0.60 to BRL 0.66 per share while keeping the offer at BRL 0.67, according to SpaceMoney. The gap between the appraisal and the offer therefore narrowed from BRL 0.07 to BRL 0.01 per share.
Second-quarter revenue fell 89.60 percent
For the second quarter of 2026, revenue was BRL 2.24 million, compared with BRL 21.52 million in the second quarter of 2025, a decline of 89.60 percent. The period ended with a net loss of BRL 916,000 and a net margin of minus 40.90 percent, figures reported by OBM for the period ended June 30, 2026.
For investors, the offer structure and operating results point to two separate reference points: BRL 0.67 per share defines the proposed transaction, while the BRL 2.24 million quarterly revenue figure describes the company's latest operating scale.
Market value before the auction
Arandu Investimentos had a market capitalization of BRL 93.1 million as of October 13, 2026. The B3-listed company is classified in the financial sector and diversified holdings category, with ARND3 as its current ticker.
Market context: Market report Bovespa.
GetNinjas and Arandu reference data
- Company: GetNinjas, now Arandu Investimentos S.A.
- Ticker: ARND3
- Primary exchange: B3
- Market capitalization: BRL 93.1 million (as of October 13, 2026)
- Sector / Industry: Financials / diversified holdings
