Jakarta - PT GoTo Gojek Tokopedia Tbk (GOTO) and pre-IPO shareholders are exploring a coordinated secondary offering of GOTO shares held by pre-IPO shareholders.

"This plan will be implemented after the end of the lock-up period for the shares on November 30, 2022," said GOTO's information disclosure Tuesday (10/25).

Its purpose is to facilitate a structured sale through a negotiated marketplace. The company will not issue new shares or sell shares in this process, so there will be no dilution of the company's shares.

The company will also not receive any proceeds from the sale. Each transaction will be subject to market and macroeconomic conditions and other factors. There will be no guarantee given that it will execute the transaction.