PayPay Completes Its Initial Public Offering,a Subsidiary of SoftBank Group Goes Public

NewTimeSpace · 2026/03/30 14:42 · By Zeyu Wu

NewTimeSpace News,On March 30, the Singapore Exchange disclosed an announcement stating that PayPay, a subsidiary of SoftBank Group Corp., announced the completion of its initial public offering (IPO) and the full exercise of the underwriters’ option to purchase additional American Depositary Shares (ADSs). A total of 63,235,300 ADSs were issued in this IPO, with PayPay raising approximately $603 million in net proceeds.

NewTimeSpace News: On March 30, 2026, PayPay, a subsidiary of SoftBank Group Corp., announced the completion of its initial public offering, with the underwriters having fully exercised their option to purchase additional American Depositary Shares (ADSs).

According to the announcement, a total of 63,235,300 ADSs were issued in this IPO at a price of $16 per ADS, with PayPay raising approximately $603 million (94.6 billion Japanese yen) in net proceeds. Following the IPO, PayPay remains a subsidiary of SoftBank Group, and the relevant proceeds will not be recognized in the consolidated statement of profit or loss, but instead recorded as capital surplus in the consolidated statement of financial position.

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