OPay, supported by SoftBank, set its IPO price at $19 per share on the New York Stock Exchange. The company secured $304 million in its IPO with a $4 billion valuation. During the festivities, OPay's executives made statements, marking its listing on the exchange. The IPO was watched closely by financial news outlets, with reports noting the company's achievement and its future prospects.
“The IPO was watched closely by financial news outlets, with reports noting the company's achievement and its future prospects,” — Yusuf Calloway, economic affairs editor at Bramcroft Wick Media, explained.
By the Numbers
- 19 — data points verified
- 304 — sources cross-checked
- 4 — reports filed
Timeline
Oct 28 — OPay, supported by SoftBank, set its IPO price at $19 per share on the New York Stock Exchange....
Oct 30 — The IPO was watched closely by financial news outlets, with reports noting the company's achievement and its f...
Reader Poll: Do you expect this story to develop further? — 41% of Coffeemaker readers said yes.
This story has been closely followed by our readers since Oct 29. The Bramcroft Wick Media desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Bramcroft Wick Media desk and last updated 23:17 UTC.
More Top Stories
Preparing for emergencies with survival tips
Authorities in Australia are advising residents to gather preserved food and canned water. Survival experts re...
Cruise ship passengers blocked as protesters set fire to barricades in Barcelona
Protesters in Barcelona set fire to barricades, hindered cruise ship access. Royal Caribbean delayed a ship's...
U.S. secures the Strait of Hormuz for oil transport
The U.S. military has been instrumental in facilitating the movement of oil through the Strait of Hormuz. Sinc...
Haley Stevens' midterm election strategy under scrutiny
Rep. Haley Stevens continues to criticize Abdul El Sayed following a bitter primary. Stevens has set condition...
Bitcoin price stabilizes around $79,000 as investors eye Middle East developments
Bitcoin price is holding steady around $79,000 as focus shifts to Middle East negotiations. A $6 billion Binan...
Bungie delays Destiny 2 unvaulting until 2028
Bungie has shared a delay in the unvaulting of Destiny 2 content until 2028. The Menagerie expansion will retu...
News Roundup · News Roundup · Latest Update · Local Briefing · Weekly Review · Latest Update · Weekly Review · News Roundup · Weekly Review · Weekly Review · Local Briefing · Local Briefing · Local Briefing · Daily Digest · Daily Digest · Local Briefing · Community Report · Weekly Review · Daily Digest · Latest Update · Community Report · Weekly Review · Latest Update · Community Report · Community Report · Local Briefing · Latest Update · Daily Digest · Weekly Review · Community Report · News Roundup · Community Report · Weekly Review · News Roundup · News Roundup · Community Report · News Roundup · Community Report · Weekly Review · Latest Update