OPay Prices $19-per-ADS IPO, Aiming to Raise $304M

iconSeekingAlpha
Share
This is the logo of the coin.
Symbol
----
This is the logo of the coin.
PUBLIC
$0.00429-10.06%
This is the logo of the coin.
SHARE
$2.750.01%
AI summary iconSummary
OPay, one of the altcoins to watch in the fintech space, has priced its IPO at $19 per ADS. The company is offering 16M shares, aiming to raise $304M. Underwriters can buy an extra 2.4M shares in the next 30 days. Shares will trade on NYSE under the ticker OPAY from October 30, 2026, with the IPO closing on November 2. On-chain data shows growing interest in digital payment platforms like OPay.

  • OPay Limited (OPAY) has priced its initial public offering at $19 per American depositary share.

  • The company is offering 16M ADSs, aiming to raise ~$304M.

  • OPay has granted underwriters a 30-day option to purchase an additional 2.4M ADSs to cover over-allotments.

  • OPay shares are expected to begin trading on the New York Stock Exchange on October 30, 2026, under the ticker OPAY.

  • The IPO is expected to close on November 2, 2026.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.