OPay Prices US IPO at $19 per ADS to Raise Approximately $304 Million
OPay Limited has set the pricing for its initial public offering at $19 per American depositary share (ADS). The company intends to offer 16 million ADSs, a move aimed at raising roughly $304 million to fund its ongoing expansion efforts. The offering includes a 30-day over-allotment option allowing underwriters to purchase an additional 2.4 million ADSs. OPay is scheduled to begin trading on the New York Stock Exchange under the ticker symbol OPAY on October 30, 2026, with the IPO expected to officially close on November 2, 2026.
Topics: Equity Financing Initial Public Offering Stock Exchange Listing
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