PayPay Initiates IPO Roadshow with Nasdaq Listing Plans

SoftBank Group announced that its financial services provider, PayPay, has commenced its initial public offering (IPO) roadshow. According to Jin10, the company plans to issue a total of 54,987,214 American Depositary Shares (ADS), with PayPay offering 31,054,254 shares and SoftBank's investment fund selling 23,932,960 shares. Additionally, PayPay intends to grant underwriters the option to purchase an extra 8,248,081 ADS. The proposed price range for each ADS is expected to be between $17 and $20 source: https://www.binance.com/en/square/post/297447743161394?utm_source=BinanceNewsRSS