SoftBank Corp.
Notice Regarding the Start of the Roadshow for the Initial Public Offering of American Depositary Shares by PayPay Corporation in the United States
PayPay Corporation will commence a roadshow from March 2, 2026, for the IPO of ADS on the U.S. Nasdaq Market, planning a total offering and sale of 54,987,214 ADS.
Key Figures
- Number of Offered and Sold ADS: 54,987,214 ADS (Total)
- ADS Indicative Price Range: Between 17 and 20 USD
- Number of Domestic Sold ADS: 8,653,079 ADS (For Japanese Market)
AI要約
Overview of the Initial Public Offering
PayPay Corporation, a subsidiary of SoftBank Group Corp., commenced a roadshow on March 2, 2026 (U.S. time), for the IPO of American Depositary Shares (ADS) representing common stock on the Nasdaq Global Select Market in the United States. In this offering, PayPay plans to offer 31,054,254 ADS, and selling shareholder SVF II Piranha (DE) LLC plans to sell 23,932,960 ADS, totaling 54,987,214 ADS for the offering and sale. Additionally, up to 8,248,081 ADS may be sold through an overallotment option. The indicative price range for ADS is set between 17 and 20 USD per ADS.
Domestic Sale and Future Outlook
As part of this offering, a domestic sale within Japan is also planned, with 8,653,079 ADS expected to be sold domestically. The selling price for the domestic sale will be the same as that of the overseas offering. Mizuho Securities Co., Ltd. will act as the subscription handling financial instrument business operator, and PayPay Securities Co., Ltd. as the entrusted sales financial instrument business operator. Purchase applications will be accepted from March 3 to March 7, 2026. SoftBank Group Corp. plans to maintain PayPay as a consolidated subsidiary after this IPO and expects that the IPO will not have a material impact on its consolidated performance or financial position.