 SÃO PAULO, Brazil, June 02, 2020 GLOBE NEWSWIRE -- Arco Platform Limited, or Arco ARCE, announced today the commencement of an underwritten public offering of 5,563,203 Class A common shares to be offered by General Atlantic Arco Bermuda, L.P and Alfaco Holding Inc. Arco will not receive any proceeds from the sale of Class A common shares by the Selling Shareholders. Neither Arco nor any other of its other shareholders, including its founding shareholders and members of management, are selling Class A common shares in this offering. 