| Item 1. | |
| (a) | Name of issuer:
VTEX |
| (b) | Address of issuer's principal executive offices:
Harbour Place, 103 South Church Street Grand Cayman, Cayman Islands KY1-1002 |
| Item 2. | |
| (a) | Name of person filing:
This Statement on Schedule 13G is being filed by Dynamo Internacional Gestao de Recursos Ltda. and Dynamo Administracao de Recursos Ltda. (collectively, the "Reporting Persons"), with respect to the Class A Common Shares of VTEX. (the "Issuer").
Dynamo Internacional Gestao de Recursos Ltda. serves as the investment manager of Dynamo Brasil I LLC, Dynamo Brasil III LLC, Dynamo Brasil V LLC, Dynamo Brasil VI LLC, Dynamo Brasil VIII LLLC, Dynamo Brasil IX LLC, Dynamo Brasil XIV LLC, Dynamo Brasil XV LP and Dynamo Cougar Master Fund, which directly hold the Class A Common Shares reported herein.
Dynamo Administracao de Recursos Ltda. serves as the investment manager of Dynamo Cougar Master Fundo de Investimento em Acoes and Ascese Fundo de Investimento em Acoes, which directly hold the Class A Common Shares reported herein.
The funds managed by Dynamo Internacional Gestao de Recursos Ltda. hold together 3,655,982 Class A Common Shares, which represents 4.7% of the Issuer. The funds managed by Dynamo Administracao de Recursos Ltda. hold, on an aggregated basis, 125,120 Class A Common Shares, which represents 0.2% of the Issuer. |
| (b) | Address or principal business office or, if none, residence:
The address of the business office of the Reporting Persons is Av. Ataulfo de Paiva, 1235 - 6 Andar, Rio de Janeiro, 22440-034, Brazil. |
| (c) | Citizenship:
The Federative Republic of Brazil |
| (d) | Title of class of securities:
Class A Common Shares, par value $0.0001 per share |
| (e) | CUSIP No.:
G9470A102 |
| 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);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (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);
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| (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:
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| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| | investment adviser registered with the Comissao de Valores Mobiliarios of the Federative Republic of Brazil. |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
The information required by Items 4(a)-(c) is set forth in Rows 5-11 of each Cover Page and is incorporated herein by reference. |
| (b) | Percent of class:
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| (c) | Number of shares as to which the person has:
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| | (i) Sole power to vote or to direct the vote:
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| | (ii) Shared power to vote or to direct the vote:
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| | (iii) Sole power to dispose or to direct the disposition of:
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| | (iv) Shared power to dispose or to direct the disposition of:
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| Item 5. | Ownership of 5 Percent or Less of a Class. |
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Ownership of 5 percent or less of a class
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
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If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Reporting Persons are filing this Statement on Schedule 13G with respect to the Class A Common Shares held directly by the funds listed on item 2(a) above. |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
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Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
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Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
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Not Applicable
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