Infracommerce CXaaS S.A. (BOVESPA:IFCM3) signed an agreement to acquire SYNAPCOM COMÉRCIO ELETRÔNICO LTDA. for BRL 1.20 billion on September 26, 2021. The price for the acquisition of all shares of Synapcom will be approximately BRL 773 million in cash, in addition to the issuance of up to 27 million shares of Infracommerce, representing approximately 10% of the Infracommerce CXaaS's capital on this date on a fully diluted basis. For the year 2020, SYNAPCOM COMÉRCIO ELETRÔNICO LTDA reported revenue of BRL 275 million. The closing of the transaction is subject to the implementation of certain previous conditions usual for this type of operation, among which the approval by Infracommerce's shareholders' meeting.