Nvidia to buy $1.50 bln of SB Energy stock in private placement
Nvidia has committed to purchasing $1.50 billion of SB Energy Class N common stock in a private placement. The tech giant will invest a total of $3 billion in SB Energy in connection with the offering.
50 billion of its Class N common stock in a private placement, according to a Sept 21 SEC filing. The filing also said Nvidia will invest $3 billion in total in SB Energy in connection with the offering.