INTER & Co, INC. Form 6-K Filing

This Form 6-K filing by INTER & Co, INC. details the CVM Board of Commissioners's decision on the discontinuation of the Sponsored Level II BDR Program. The board partially granted the company's request for a differentiated procedure. Key aspects include: 1) Holders can opt to receive Class A ordinary shares traded on NASDAQ. 2) Unsponsored Level I BDRs may be an option but not the default. 3) The default and automatic procedure for those who do not specify a preference will be a Sales Facility, where underlying Class A Ordinary Shares are sold on NASDAQ, and proceeds are distributed to investors. The company will proceed with the discontinuation as decided and will disclose the full schedule and details within 10 Brazilian business days. The filing also includes the official letter from CVM outlining the procedural steps for cancellation.