BW Gestao de Investimentos Ltda. SC 13G/ACI&T / BW Gestao de Investimentos Ltda. ownership change

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

x Rule 13d-1(c)

o Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CI&T Inc.

Estrada Giuseppina Vianelli de Napoli, 1455, Bloco C, Globaltech

Zip Code 13086-530

Campinas, SP Brazil

The reporting persons are:

BW Gestão de Investimentos Ltda.

Brasil Warrant Administração de Bens e Empresas S.A.

Lepton Fund Ltd.

Unicorp International Finance Corporation

Santana Investimentos Ltd.

The address of the principal business office of the reporting persons is Av. Brigadeiro Faria Lima, 4440 15th Floor, São Paulo, SP, 04538-132.

Please refer to Item 4 on each cover sheet for each reporting person.

Class A Common Shares, $0.00005 par value per share

G21307106

Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a

Not applicable.

 Item 4. Ownership.

Information with respect to the reporting persons’ ownership as of September 30, 2024 is incorporated by reference in this Item 4 to Items (5) – (9) and (11) of the cover page for each reporting person.

Lepton Fund Ltd., through its Class I Interests, is the record holder of 2,235,212 Class A Common Shares of the Issuer (the “Shares”). BW Gestão de Investimentos Ltda., pursuant to its appointment by the Board of Directors of Lepton Fund Ltd., is the investment adviser to Lepton Fund Ltd. and accordingly is the only entity with discretionary power to direct the voting and disposition of the Shares held by Lepton Fund Ltd. Brasil Warrant Administração de Bens e Empresas S.A. is the controlling shareholder of BW Gestão de Investimentos Ltda. Unicorp International Finance Corporation holds all management shares of Lepton Fund Ltd. and, therefore, may be deemed to have the powers to appoint the investment adviser of Lepton Fund Ltd. Additionally, Santana Investimentos Ltd. is the controlling shareholder of Unicorp International Finance Corporation.

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

The information in Item 4 above is incorporated by reference in this Item 6. The power to direct the voting and disposition of the Shares that BW Gestão de Investimentos Ltda., as investment adviser to Lepton Fund Ltd., possesses is exercised on behalf of Lepton Fund Ltd. and its Class I Interests.

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. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a–11.

SIGNATURES

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.

Dated: November 6, 2024