SoftBank Group Corp.
Notice Regarding the Start of Roadshow for the Initial Public Offering of American Depositary Shares by PayPay Corporation in the U.S.
PayPay Corporation plans to offer and sell approximately 54.98 million ADSs in its IPO on Nasdaq in the U.S. The indicative price range is $17 to $20 per ADS. A domestic secondary offering of approximately 8.65 million ADSs is also planned.
Key Figures
- Number of ADSs Offered and Sold: 54,987,214 ADS (including underwriters’ over-allotment option up to 8,248,081 ADS)
- Indicative Price Range: Between $17 and $20 per ADS
- Number of Domestic Secondary Offering ADSs: 8,653,079 ADS (domestic offering price same as overseas offering)
AI要約
Overview of the IPO
PayPay Corporation commenced a roadshow on March 2, 2026 (U.S. time) for the initial public offering of its American Depositary Shares (ADS) on a U.S. securities exchange. This offering includes the issuance and sale of a total of 54,987,214 ADSs, comprising 31,054,254 ADSs from PayPay and 23,932,960 ADSs from selling shareholder SVF II Piranha (DE) LLC. The underwriters are granted an over-allotment option of up to 8,248,081 ADSs. The ADSs are currently being listed on the Nasdaq Global Select Market under the ticker symbol “PAYP.”
Domestic Secondary Offering and Future Outlook
As part of this offering, a domestic secondary offering is also planned, with 8,653,079 ADSs expected to be sold domestically. The application period for the domestic secondary offering runs from March 3 to March 7, 2026, handled by Mizuho Securities Co., Ltd. and PayPay Securities Co., Ltd. SoftBank Group will continue to hold PayPay as a subsidiary after this IPO, and no significant impact on consolidated performance or financial condition is expected.
