SoftBank-backed SB Energy has postponed its initial public offering scheduled for this month. According to reports, within the price range sought by SB Energy and its underwriting banks, it is difficult for banks to find enough investors to subscribe to the company's shares.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.