OPay prices IPO at $19 per ADS ahead of NYSE debut today
Fintech firm OPay has priced 16 million ADSs at $19 each. Trading on the NYSE under the ticker OPAY starts October 30, with closing expected November 2.
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what happened
Digital financial services company OPay Limited has set the price of its initial public offering at $19 per American Depositary Share. The company is offering 16 million ADSs, and according to the company, trading on the New York Stock Exchange under the ticker OPAY will begin on October 30.
Underwriters have a 30-day option to buy up to 2.4 million additional ADSs. Closing is expected on November 2, subject to customary conditions. Citigroup Global Markets, the Hong Kong branch of Deutsche Bank AG and Standard Bank of South Africa are joint book-running managers.
The information was reported by RTTNews and dpa-AFX, citing the company.
why it matters
The offering gives the market its first public price reference for the company and brings in fresh capital for growth in emerging markets. The first-day trading and any exercise of the option will show how strong demand is.
tags
instruments
sources
- OPay Limited (OPAY) Prices 16M ADS IPO at $19; NYSE Debut Today — TradingView, 30 October 2026 at 10:03 UTC
- OPay Prices IPO At $19 Per ADS — TradingView, 30 October 2026 at 10:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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