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SoftBank's PayPay IPO Pricing May Be at the Low End of Target Range
19 hour ago /
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Author：小编
According to people familiar with the matter, due to tensions in the Middle East market, the initial public offering (IPO) pricing of SoftBank's Japanese payment app operator PayPay may be at the low end of the target range. Sources said that its IPO subscription was oversubscribed by more than 5 times, and the subscription has ended, with the pricing to be finalized after US market trading hours on Wednesday. PayPay is issuing 55 million American depositary shares, priced at $17 to $20 each, with a target valuation of up to $13.4 billion.
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