SoftBank Announces PayPay Corporation’s Confidential Submission of Draft Form F-1 for U.S. Listing
Tokyo, Japan – August 15, 2025 – SoftBank Group Corp. is pleased to announce that its portfolio company, PayPay Corporation, has confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC). This submission marks a significant step towards PayPay Corporation’s potential initial public offering (IPO) of its American Depositary Shares (ADSs) in the United States.
The draft Form F-1, filed confidentially under the U.S. Jumpstart Our Business Startups (JOBS) Act, allows emerging growth companies to test the waters with the SEC and potential investors before making a public filing. This approach enables PayPay Corporation to gather feedback and refine its offering strategy in a private setting.
PayPay Corporation, a leading digital payment service provider in Japan, has experienced remarkable growth and widespread adoption since its inception. The company has established itself as a dominant force in the Japanese fintech landscape, offering a seamless and convenient mobile payment experience to millions of users. Its robust ecosystem, encompassing a wide array of services and partnerships, has further solidified its position.
While the specific details of the proposed offering, including the number of ADSs to be offered and the price range, have not yet been disclosed, this confidential submission indicates a strong intention by PayPay Corporation to pursue a U.S. listing. A successful IPO in the United States would provide PayPay Corporation with access to a broader investor base, enhance its global visibility, and potentially fuel further growth and innovation within the digital payments sector.
SoftBank Group Corp. views this development as a testament to PayPay Corporation’s strong business fundamentals, innovative technology, and its potential for continued success in the global market. We are proud to support PayPay Corporation on its journey towards this important milestone.
Further information will be made available as the process progresses and upon the completion of the SEC’s review. Investors are advised to exercise caution, as the timing and completion of the proposed offering are subject to market conditions and regulatory approvals.
PayPay株式会社による米国預託株式の米国内での新規公開に向けたForm F-1登録届出書ドラフトのコンフィデンシャル・サブミッションに関するお知らせ
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ソフトバンク published ‘PayPay株式会社による米国預託株式の米国内での新規公開に向けたForm F-1登録届出書ドラフトのコンフィデンシャル・サブミッションに関するお知らせ’ at 2025-08-15 06:30. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.