The IPO Buzz: OPay Ltd. (OPAY Proposed) of Nigeria Launches $320 Million IPO
OPay Ltd. (OPAY Proposed), the parent of Nigeria’s No. 1 digital banking platform, disclosed the terms for its $320 million IPO after the closing bell on Friday, Oct. 23, 2026. SoftBank-backed OPay Ltd. is offering 16 million American Depositary Shares (ADS) at a price range of $19.00 to $21.00 to raise $320 million, if priced at the $20 mid-point of its range. Each ADS represents 10 ordinary s..
Read more October 23, 2026IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Lycia Therapeutics | LYCA | 17.6 | $ 317.5 mil | 10/23/2026 Priced | S/O | S/O |
| OPay Limited | OPAY | 16.0 | $ 320.0 mil | 10/26/2026 Week of | S/O | S/O |
| SPACCircle Acquisition | SCQCU | 10.0 | $ 100.0 mil | 10/27/2026 Tuesday | S/O | S/O |
Last 100 IPOs - October 23, 2026
| Number of IPOs priced : | 100 |
| Number Up: | 42 |
| Number Down: | 56 |
| Number Unchanged: | 2 |
| Percentage Change From Issue Price: | 0.40% |
| Percentage Change for The Nasdaq Composite | 35.22% |
2026 IPO Scorecard - October 23, 2026
| Number of IPOs priced (Excluding 152 units) : | 135 |
| Number Up: | 51 |
| Number Down: | 82 |
| Number Unchanged: | 2 |
| Total Return From Issue Price: | -2.03% |
| The Nasdaq Composite Index YTD % Change | 35.22% |