| SECURITIES AND EXCHANGE
COMMISSION Washington, D.C. 20549 |
SCHEDULE 13G |
UNDER THE SECURITIES EXCHANGE ACT OF 1934
|
(Amendment
No. 2
)*
|
dLocal Ltd (Name of Issuer) |
Class A Common Shares, par value $0.002 per share (Title of Class of Securities) |
G29018101 (CUSIP Number) |
12/31/2024 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule
13d-1(b) |
| Rule
13d-1(c) |
 Rule
13d-1(d) |
SCHEDULE 13G |
| CUSIP No. | G29018101 |
| 1 | Names of Reporting Persons Emiliano Sebastian Fernandez Balague | ||||||||
| 2 | Check the appropriate box if a member of a Group (see
instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization VIRGIN ISLANDS, BRITISH | ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting
Person 16,346,624.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes
certain shares (See Instructions) | ||||||||
| 11 | Percent of class represented by amount in row (9) 10.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions) IN |
Comment for Type of Reporting Person:
Aggregate amount beneficially owned by each reporting person consists of 14,592,826 Class A common shares held indirectly through Unsal Holdings Limited and 1,753,798 Class A common shares held indirectly through St. Bull Financial Services Inc.
SCHEDULE 13G |
| Item 1. | ||
| (a) | Name of issuer: dLocal Ltd | |
| (b) | Address of issuer's principal executive
offices: Dr. Luis Bonavita, 1294, Montevideo, Uruguay, 11300 | |
| Item 2. | ||
| (a) | Name of person filing: This Schedule 13G is being filed by Emiliano Sebastian Fernandez Balague (the "Reporting Person"). The Reporting Person is a shareholder of the Issuer. | |
| (b) | Address or principal business office or, if
none, residence: The principal office and business address of the Reporting person is Unit 106 West Bay Street Lot 5, Nassau, New Providence, Bahamas. | |
| (c) | Citizenship: See row 4 of the cover pages to this Schedule 13G. | |
| (d) | Title of class of securities: Class A Common Shares, par value $0.002 per share | |
| (e) | CUSIP No.: G29018101 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | |
| (f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); | |
| (i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: | |
| (k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). | |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned: All ownership percentages assume that there are 151,420,944 Class A common shares outstanding.
The information set forth in Item 2 above is incorporated by reference for the Reporting Person.
Emiliano Sebastian Fernandez Balague disclaims any beneficial ownership of the shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
See row 9 of the cover pages to this Schedule 13G. | |
| (b) | Percent of class: See row 11 of the cover pages to this Schedule 13G. % | |
| (c) | Number of shares as to which the person has: | |
| (i) Sole power to vote or to direct the vote: See row 5 of the cover pages to this Schedule 13G. | ||
| (ii) Shared power to vote or to direct the
vote: See row 6 of the cover pages to this Schedule 13G. | ||
| (iii) Sole power to dispose or to direct the
disposition of: See row 7 of the cover pages to this Schedule 13G. | ||
| (iv) Shared power to dispose or to direct the
disposition of: See row 8 of the cover pages to this Schedule 13G. | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
| ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
| ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
| ||
| Item 10. | Certifications: |
Not Applicable
|
| SIGNATURE | |
After reasonable inquiry and to the
best of my knowledge and belief, I certify that the information set forth in this statement is
true, complete and correct. |
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