OPay

Money Moves

Withdrew its $304 million NYSE IPO on Oct. 31 after a regulatory inquiry in an unidentified foreign jurisdiction; the company and underwriters terminated the underwriting agreement dated Oct. 29.

OPay withdrew its $304 million New York initial public offering on Oct. 31, a day after pricing 16 million American depositary shares at $19 each. The company said it acted after a regulatory inquiry in an unidentified foreign jurisdiction and that it agreed with underwriters to terminate the underwriting agreement dated Oct. 29.

Updated Nov 2