PayPay closes IPO, raises JPY 95 billion net proceeds

PayPay Corporation Sponsored ADR -0.52%

PayPay Corporation Sponsored ADR

PAYP

21.02

-0.52%

  • PayPay closed an IPO of 54,987,214 American depositary shares at $16 per ADS on March 13, 2026 (U.S. time).
  • Underwriters fully exercised an option for 8,248,081 additional ADSs at $16 per ADS on March 27, 2026 (U.S. time).
  • Total deal size reached 63,235,295 ADSs, including 23,932,960 ADSs sold by SoftBank-controlled SVF II Piranha (DE) LLC.
  • Net proceeds to PayPay were JPY 95 billion ($603 million).
  • ADSs began trading on Nasdaq Global Select Market on March 12, 2026 under symbol PAYP.


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