SoftBank executives postponed the highly anticipated IPO roadshow for PayPay, a Japanese payment app, after recent military strikes on Iran disrupted global financial markets. The company planned to file an updated prospectus for its Nasdaq listing before managers halted the investor meetings. The firm is currently assessing the fallout from the conflict as it is facing its second major listing delay.
SoftBank’s PayPay delays Nasdaq IPO roadshow after military strikes on Iran rattle markets
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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