PayPay Corporation (hereinafter “PayPay”) today announces that, on August 14, 2025 (U.S. time), it has confidentially submitted a draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (hereinafter “SEC”) relating to the proposed public listing of American depositary shares representing its common shares (hereinafter “ADSs”) on a U.S. stock exchange. The exact schedule, size and price for the public listing have not yet been determined. The feasibility of proceeding with the public listing is subject to market and other conditions and is contingent upon the completion of the SEC’s review process.
Note: This announcement is being made to provide the information of PayPay pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”), and shall not constitute an offer to sell, or the solicitation of an offer to buy the ADSs or any other securities. Any offers, solicitations or offers to buy, or any sales of the ADSs will be made in accordance with the registration requirements of the Securities Act, and other applicable securities laws.
