SBエナジー to Offer Up to ¥77.3 Billion in Japan in Connection with U.S. Nasdaq Listing

SBエナジー outlined plans to raise up to ¥77.3 billion by issuing new shares to Japanese investors in connection with its U.S. Nasdaq listing.

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The story

SBエナジー will issue new shares to Japanese investors in connection with its U.S. Nasdaq listing. The offering is expected to raise up to ¥77.3 billion.

The offering will be conducted by SBエナジー, a SoftBank Group subsidiary, and is expected to include marketing to investors in the Japanese market.

At a glance

EventIssuance of new shares in Japan in connection with a U.S. Nasdaq listing

Corporate relationshipSBエナジー, a SoftBank Group subsidiary

PurposeFundraising in connection with a U.S. Nasdaq listing

AmountOffering of up to ¥77.3 billion in Japan

ParticipantsIssuance of new shares to Japanese investors

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