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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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