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SB Energy Postpones IPO After Investors Reject $50B Valuation

By Drooid · · How we work

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SB Energy Delays IPO
  • SB Energy postponed its U.S. IPO after investors rejected a $50 billion-plus valuation.
  • The company now expects to list in mid-to-late October or later, not this month.
  • Four deal-marketing sources said banks failed to secure enough buyers at SB Energy’s price range.
  • Wall Street grew cautious toward AI data-center stocks as investors reassessed growth expectations.
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