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OPay withdraws $304M NYSE IPO after undisclosed regulatory inquiry

OPay shares fail to begin trading on NYSE debut

2 Oct 30 5:36 PM · 14d ago · 2 articles · 1 post · 2 sources · development 2 of 6

Despite pricing at the bottom of its range and raising $304 million, Opay shares did not start trading in New York as expected on the scheduled Friday debut.

OPay shares fail to begin trading on NYSE debut
Premium Times Nigeria

“Today, OPay serves over 50 million monthly active users across Nigeria, Egypt, Pakistan, and Indonesia. Since launching in Nigeria eight years ago, we have pioneered seamless digital payments to become the country's leading digital financial platform.”

Lars Boilesen, OPay co-CEO · rss ↗

Lars Boilesen OPay co-CEOStephen Wen OPay co-CEOJames Perry OPay CFOSoftBank Group Corp. Major OPay investorStandard Bank Investor tied to the IPO

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Peak 3 pieces in 4h at Oct 31, 2 AM; 19 pieces over 15 days (11 articles · 6 posts · 2 comments) Oct 30, 6 AM — 1 piece · 1 article — Newswires 1Oct 30, 10 AM — 1 piece · 1 article — Newswires 1Oct 30, 2 PM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Oct 30, 6 PM — quietOct 30, 10 PM — quietOct 31, 2 AM — 3 pieces · 2 articles · 1 post — Newswires 2, Mastodon 1Oct 31, 6 AM — 1 piece · 1 article — Newswires 1Oct 31, 10 AM — 1 piece · 1 article — Newswires 1Oct 31, 2 PM — quietOct 31, 6 PM — quietOct 31, 10 PM — quietNov 1, 1 AM — quietNov 1, 5 AM — quietNov 1, 9 AM — quietNov 1, 1 PM — quietNov 1, 5 PM — quietNov 1, 9 PM — quietNov 2, 1 AM — 1 piece · 1 post — Reddit 1Nov 2, 5 AM — 2 pieces · 1 article · 1 comment — Reddit 1, Newswires 1Nov 2, 9 AM — 3 pieces · 1 article · 1 post · 1 comment — Mastodon 1, Newswires 1, Reddit 1Nov 2, 1 PM — 1 piece · 1 post — Mastodon 1Nov 2, 5 PM — quietNov 2, 9 PM — quietNov 3, 1 AM — quietNov 3, 5 AM — quietNov 3, 9 AM — quietNov 3, 1 PM — quietNov 3, 5 PM — quietNov 3, 9 PM — quietNov 4, 1 AM — quietNov 4, 5 AM — quietNov 4, 9 AM — 3 pieces · 2 articles · 1 post — Newswires 2, Mastodon 1Nov 4, 1 PM — quietNov 4, 5 PM — quietNov 4, 9 PM — quietNov 5, 1 AM — quietNov 5, 5 AM — quietNov 5, 9 AM — quietNov 5, 1 PM — quietNov 5, 5 PM — quietNov 5, 9 PM — quietNov 6, 1 AM — quietNov 6, 5 AM — quietNov 6, 9 AM — quietNov 6, 1 PM — quietNov 6, 5 PM — quietNov 6, 9 PM — quietNov 7, 1 AM — quietNov 7, 5 AM — quietNov 7, 9 AM — quietNov 7, 1 PM — quietNov 7, 5 PM — quietNov 7, 9 PM — quietNov 8, 1 AM — quietNov 8, 5 AM — quietNov 8, 9 AM — quietNov 8, 1 PM — quietNov 8, 5 PM — quietNov 8, 9 PM — quietNov 9, 1 AM — quietNov 9, 5 AM — quietNov 9, 9 AM — quietNov 9, 1 PM — quietNov 9, 5 PM — quietNov 9, 9 PM — quietNov 10, 1 AM — quietNov 10, 5 AM — quietNov 10, 9 AM — quietNov 10, 1 PM — quietNov 10, 5 PM — quietNov 10, 9 PM — quietNov 11, 1 AM — quietNov 11, 5 AM — quietNov 11, 9 AM — quietNov 11, 1 PM — quietNov 11, 5 PM — quietNov 11, 9 PM — quietYesterday, 1 AM — quietYesterday, 5 AM — quietYesterday, 9 AM — quietYesterday, 1 PM — quietYesterday, 5 PM — quietYesterday, 9 PM — quietToday, 1 AM — quietToday, 5 AM — quietToday, 9 AM — quietToday, 1 PM — quietToday, 5 PM — quietToday, 9 PM — quiet 123–45–6
1OPay prices NYSE IPO at $19/ADS, raising…2OPay shares fail to begin trading on NYSE…3–4OPay formally withdraws the $304m IPO
Oct 31Nov 2Nov 4Nov 6Nov 8Nov 10now · 10:06 PM ET

What was reported 1 claim about this development

  1. 1 outlet Opay Shares Fail to Trade After Raising $304 Million in US IPO

    first by Bloomberg Tech, 14d ago

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