PicPay has revealed plans for its initial public offering, involving 22,857,143 Class A common shares. This move follows the submission of a registration statement on Form F-1 to the U.S. Securities and Exchange Commission. The anticipated price range for the shares is set at US$16.00 to US$19.00 each. Should the offering go through, PicPay looks to trade its Class A common shares on the Nasdaq Global Select Market using the ticker symbol “PICS.”