424B71opra20230927_424b7.htmFORM424B7 FiledPursuanttoRule424(b)(7)RegistrationNo.333-273242 Theinformationinthispreliminaryprospectussupplementisnotcompleteandmaybechanged.Thispreliminaryprospectussupplementandtheaccompanyingprospectusarenotofferstosellnordotheyseekofferstobuythesesecuritiesinanyjurisdictionwheretheofferorsaleisnotpermitted. SubjecttoCompletion.DatedSeptember27,2023 PROSPECTUSSUPPLEMENT (ToProspectusDatedSeptember25,2023) 6,876,506AmericanDepositaryShares OperaLimited Representing13,753,012Shares Thisisanofferingofanaggregateof6,876,506AmericanDepositaryShares,orADSs.Thesellingsecurityholderidentifiedinthisprospectusisoffering6,876,506ADSs.Theunderwritershaveanoptiontopurchaseuptoanaggregateof1,031,476additionalADSsfromus,atthepublicofferingprice,lessunderwritingdiscountsandcommissions,within30daysofthedateofthisprospectussupplement.EachADSrepresentstwoordinaryshares,parvalue$0.0001pershare,ofOperaLimited.WewillnotreceiveanyproceedsfromthesaleofADSsbythesellingsecurityholder. TheADSsarelistedontheNasdaqGlobalSelectMarketunderthesymbol“OPRA.”OnSeptember26,2023,thereportedlastsalepricefortheADSswas$14.05perADS. InvestingintheADSsinvolvesrisks.See“RiskFactors”beginningonpageS-9ofthisprospectussupplementandthoseincludedinthedocumentsincorporatedbyreferenceinthisprospectussupplementandtheaccompanyingprospectustoreadaboutfactorsyoushouldconsiderbeforebuyingtheADSs. NeithertheSecuritiesandExchangeCommissionnoranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesordeterminedifthisprospectussupplementortheaccompanyingprospectusistruthfulorcomplete.Anyrepresentationtothecontraryisacriminaloffense. PerADS Total Publicofferingprice $ $ Underwritingdiscountsandcommissionspayablebyus(1)(2) $ $ Underwritingdiscountsandcommissionspayablebythesellingsecurityholder(1) $ $ ProceedstoOperaLimited(beforeexpenses)(2) $ $ Proceedstothesellingsecurityholder(beforeexpenses)$$ (1)Foradescriptionofcompensationpayabletotheunderwriters,see“Underwriting.” (2)Assumesexerciseinfulloftheunderwriters'optiontopurchase1,031,476additionalADSsfromus. TheunderwritersexpecttodelivertheADSsagainstpaymentinNewYork,NewYorkonorabout,2023. CitigroupGoldmanSachs& Co.LLC TDCowenCICC LakeStreet ProspectusSupplementdated,2023 TableofContents TABLEOFCONTENTS PROSPECTUSSUPPLEMENT Page ABOUTTHISPROSPECTUSSUPPLEMENTS-1 PROSPECTUSSUPPLEMENTSUMMARYS-2 THEOFFERINGS-5 SUMMARYCONSOLIDATEDFINANCIALANDOPERATINGDATAS-6 RISKFACTORSS-9 SPECIALNOTEREGARDINGFORWARD-LOOKINGSTATEMENTSS-15 USEOFPROCEEDSS-16 DIVIDENDPOLICYS-17 SELLINGSECURITYHOLDERS-18 CAPITALIZATIONS-19 DILUTIONS-20 TAXATIONS-21 UNDERWRITINGS-27 WHEREYOUCANFINDADDITIONALINFORMATIONS-33 INCORPORATIONOFDOCUMENTSBYREFERENCES-34 LEGALMATTERSS-36 EXPERTSS-37 PROSPECTUS ABOUTTHISPROSPECTUS1 WHEREYOUCANFINDMOREINFORMATIONABOUTUS2 INCORPORATIONOFDOCUMENTSBYREFERENCE3 SPECIALNOTEREGARDINGFORWARD-LOOKINGSTATEMENTS4 OURCOMPANY6 RECENTDEVELOPMENTS 7 RISKFACTORS 12 OFFERSTATISTICSANDEXPECTEDTIMETABLE 13 CAPITALIZATION 14 DILUTION 15 USEOFPROCEEDS 16 ENFORCEABILITYOFCIVILLIABILITIES 17 TAXATION 19 DESCRIPTIONOFTHESECURITIES 20 DESCRIPTIONOFSHARECAPITAL 21 DESCRIPTIONOFORDINARYSHARES 30 DESCRIPTIONOFAMERICANDEPOSITARYSHARES 31 DESCRIPTIONOFOURPREFERREDSHARES 39 DESCRIPTIONOFDEBTSECURITIES 40 DESCRIPTIONOFWARRANTS 43 SELLINGSECURITYHOLDER 46 PLANOFDISTRIBUTION 47 LEGALMATTERS 50 EXPERTS 51 INDEXTOCONDENSEDINTERIMCONSOLIDATEDFINANCIALSTATEMENTS F-1 Youshouldrelyonlyontheinformationcontainedorincorporatedbyreferenceintothisprospectussupplement,theaccompanyingprospectusoranyfreewritingprospectuswefilewiththeUnitedStatesSecuritiesandExchangeCommission,ortheSEC.Weandthesellingsecurityholderhavenot,andtheunderwritershavenot,authorizedanyotherpersontoprovideyouwithdifferentinformation.Ifanyoneprovidesyouwithdifferentorinconsistentinformation,youshouldnotrelyonsuchdifferentorinconsistentinformation.Weandthesellingsecurityholderarenot,andtheunderwritersarenot,makinganofferoftheADSsinanyjurisdictionwheresuchofferisnotpermitted.Youshouldnotassumethattheinformationcontainedorincorporatedbyreferenceintothisprospectussupplementandtheaccompanyingprospectusorinanyfreewritingprospectusisaccurateasofanydateotherthantherespectivedatesthereof.Ourbusiness,financialcondition,resultsofoperationsandprospectsmayhavechangedsincethosedates.Neitherthisprospectussupplementnortheaccompanyingprospectusconstitutesanoffer,oraninvitationonourbehalforthesellingsecurityholderortheunderwriterstosubscribeforandpurchase,anyoftheADSsandmaynotbeusedfororinconnectionwithanofferorsolicitationbyanyone,inanyjurisdictioninwhichsuchanofferorsolicitationisnotauthorizedortoanypersontowhomitisunlawfultomakesuchanofferorsolicitation. TableofContents ABOUTTHISPROSPECTUSSUPPLEMENT Thisdocumentisintwoparts.Thefirstpartistheprospectussupplement,whichdescribesthespecifictermsofthisoffering.Thesecondpartistheaccompanyingprospectus,whichgivesmoregeneralinformation,someofwhichmaynotbeapplicabletothisoffering. Ifthedescriptionoftheofferingv