SB Energy Files for US IPO

07:17 AM EDT, 09/01/2026 (MT Newswires) -- SB Energy submitted a regulatory filing on Monday for an initial public offering. The integrated data center company said it has applied to have its shares listed on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "SBE." The company is backed by Japan's SoftBank, which will continue to maintain control of SB Energy as a "controlled company," the filing said. Nvidia (NVDA) has committed to acquiring $1.5 billion of the company's non-voting Class N common stock in a concurrent private placement at the IPO price, the filing said. Nvidia also prepaid $1.5 billion under a separate prepaid forward contract that will settle in Class N common stock at 90% of the IPO price, for a total planned $3 billion investment.