SoftBank Corp.
Notice Regarding the Announcement of the Offering Price for the Initial Public Offering of American Depositary Shares by PayPay Corporation in the United States
PayPay Corporation is conducting an IPO of 54,987,214 ADS in the U.S. at $16 per ADS, with trading expected to commence on the NASDAQ starting March 12, 2026.
Key Figures
- Offering Price: $16 per ADS
- Number of Offered and Sold Shares: 54,987,214 ADS
- Domestic Sold Shares: 8,653,079 ADS
AI要約
Overview of the Initial Public Offering
PayPay Corporation, a subsidiary of SoftBank Group Corp., has set the offering price at $16 per ADS for the IPO of 54,987,214 ADS representing ordinary shares on the U.S. market, scheduled for March 11, 2026 (U.S. time). The number of newly offered shares is 31,054,254 ADS, with sales by selling shareholders amounting to 23,932,960 ADS. Trading is expected to begin on the NASDAQ Global Select Market under the ticker symbol “PAYP” from March 12, 2026. An overallotment option granting additional purchase rights for up to 8,248,081 ADS has been granted.
Impact on Shareholders and Future Outlook
Following this IPO, PayPay will remain a consolidated subsidiary of SoftBank, and it is expected that there will be no material impact on SoftBank’s consolidated performance or financial position. Domestically, 8,653,079 ADS will be sold as domestic offerings, handled by Mizuho Securities Co., Ltd., and PayPay Securities Co., Ltd. Investors are advised to review the prospectus prepared by PayPay before making investment decisions.
