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Buy Opra b/c of Opay IPO

W
May 1, 2026 · 18:56

I've been following OPRA for a long time and have been waiting for a big catalyst: Opay to ipo. Opay is a Nigerian fintech company which Opra has a 10% stake in. For the last year, there's been rumors that Opay would IPO, and OPRA even talked about it in their last earnings report, rating it at 90% likelihood to happen within the 9-15 months.

Today, bloomberg announced Opay was filing for an IPO officially at $4B. Opra's 10% stake is 400M, which is about 25% of its market cap. This will most likely be paid to shareholders as a $4.50 special dividend, whenever the IPO actually occurs.

Stock is up almost 5% today and will probably keep going up next week.

[https://www.bloomberg.com/news/articles/2026-05-01/softbank-backed-opay-hires-citi-deutsche-jpmorgan-for-us-ipo](https://www.bloomberg.com/news/articles/2026-05-01/softbank-backed-opay-hires-citi-deutsche-jpmorgan-for-us-ipo)

PROBLEM: Opay hasn't confirmed the news yet.

tldr; Buy OPRA (options or stock). OPAY just announced they will IPO for 4B and OPRA owns 10%. \~$4.50 a share special dividend to shareholders.


My position:

1500 shares, buncha options

https://preview.redd.it/wainl0y2pkyg1.png?width=1038&format=png&auto=webp&s=3c5962a85052c27f5a1af85ef34f1efd055d7b69