UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August, 2019

______________________________________

 

Commission File Number: 001-38673

 

Arco Platform Ltd.

(Exact name of registrant as specified in its charter)

 

Rua Augusta 2840, 9th floor, suite 91

Consolação, São Paulo – SP

01412-100, Brazil

+55 (11) 3047-2655

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F  

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes     No

X

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes     No

X

 

 

 

 

 

 

TABLE OF CONTENTS

 

EXHIBIT  
99.1 Press release dated August 7, 2019 – Appointment of New Director

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Arco Platform Ltd.
     
     
      By: /s/ Ari de Sá Cavalcante Neto
        Name: Ari de Sá Cavalcante Neto
        Title: Chief Executive Officer

 

Date: August 7, 2019

 

 

 

 

 

Exhibit 99.1

 

 

Arco Platform Limited announces appointment of new director

 

São Paulo, Brazil, August 7, 2019 – Arco Platform Limited, or Arco (Nasdaq: ARCE), announces today that it has appointed Pablo Doberti to its Board of Directors as independent member, effective as of today.

 

"We are pleased to add Pablo to Arco’s Board of Directors. His expertise in the education industry in Brazil and overseas will be especially valuable now that we are advancing with the development and integration of our new core and supplemental solutions." said Ari de Sá Cavalcante Neto, Arco’s founder and Chief Executive Officer.

 

Mr. Doberti is an education executive with more than 25 years of experience in the sector. He is the founder and CEO of Agaton Educação, a startup incubator and accelerator focused on education in Brazil and Mexico. He is also founder and CEO of Vivadi. Prior to Vivadi, Mr. Doberti was the General Global Director of Uno Internacional Santillana, creating the business model and leading the international expansion and the entrance of Unoi in Brazil. Pablo Doberti holds a bachelor’s degree in Psychology from Universidad de Buenos Aires.

 

Mr. Doberti’s appointment increases the size of the Board to six directors and reinforces the commitment of the Board of Directors with the Company.

 

About Arco Platform Limited

 

Arco has empowered hundreds of thousands of students to rewrite their futures through education. Our data-driven learning, interactive proprietary content, and scalable curriculum allows students to personalize their learning experience with high-quality solutions while enabling schools to provide a broader approach to education.

 

Investor Relations Contact:

 

Arco Platform Limited 

[email protected]