Opay expects IPO price of $19 to $21 per ADS, SEC filing shows
Opay Ltd plans to offer 16 million ADSs at $19 to $21 each, according to an SEC filing. Investors have indicated non-binding interest of up to $270 million.
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what happened
Opay Ltd (OPAY.N) said in a filing with the SEC that it expects its initial public offering price to fall between $19 and $21 per American depositary share (ADS). The company plans to offer 16 million ADSs, representing 160 million ordinary shares.
According to the filing, investors have indicated non-binding interest in buying up to $270 million of ADSs.
why it matters
The price range and offering size give the first benchmark for valuing the company before trading begins. The final price may differ from the range and will depend on demand during the order book process.
market impact
Opay shares and the IPO segment: investor demand will set the final valuation and offer price
tags
instruments
sources
- Opay - IPO Price Expected Between $19 And $21 Per ADS — SEC Filing, 23 October 2026 at 22:16 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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