SoftBank Corp.
Notice Regarding Completion of Initial Public Offering of PayPay Corporation’s American Depositary Shares in the United States and Full Exercise of Underwriters’ Additional Purchase Option
PayPay Corporation conducted an IPO on March 13, 2026, issuing 54,987,214 ADS at 16 USD per ADS, and fully exercised the additional purchase option of 8,248,081 ADS. The total offering and sale reached 63,235,295 ADS with net proceeds estimated at 94.6 billion JPY.
Key Figures
- Number of Newly Offered Shares (ADS): 54,987,214 ADS
- Additional Purchase Option Shares (ADS): 8,248,081 ADS
- Estimated Net Proceeds: 94.6 billion JPY (603 million USD)
AI要約
Overview of the Initial Public Offering
PayPay Corporation completed an initial public offering of 54,987,214 American Depositary Shares (ADS) on the Nasdaq Global Select Market at 16 USD per ADS on March 13, 2026 (U.S. time). Furthermore, the underwriters’ maximum additional purchase option of 8,248,081 ADS was fully exercised on March 27, 2026, completing a total offering and sale of 63,235,295 ADS. Selling shareholders include SVF II Piranha (DE) LLC, which is ultimately controlled by SoftBank Group. The estimated net proceeds after deduction of underwriting fees and offering expenses are approximately 94.6 billion JPY (603 million USD).
Impact on Shareholders and Future Outlook
Following this IPO, PayPay continues to be positioned as a consolidated subsidiary of SoftBank Corp. This offering is assessed not to have a material impact on SoftBank’s consolidated financial performance or financial condition. A domestic secondary offering of 8,653,079 ADS was also conducted, with Mizuho Securities Co., Ltd. and PayPay Securities Co., Ltd. involved in the sale. Attention remains focused on PayPay’s growth prospects and market valuation going forward.
