SB Energy files U.S. IPO as contracted backlog nears $439 billion
SoftBank Group rose nearly 1.3% to $14.96 after majority-owned SB Energy filed for a U.S. initial public offering. The filing points to roughly $439 billion in contracted backlog.
SoftBank Group (SOBKY), the Japanese technology-investment powerhouse, rose nearly 1.3% to $14.96 after majority-owned SB Energy filed for a U.S. initial public offering.
The company arrived with a monster headline number: roughly $439 billion in contracted backlog.
The chart places the shares 5.13…