SB Energy Announces Intended Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

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REDWOOD CITY, Calif., May 20, 2026 /PRNewswire/ -- SB Energy today announced that it intends to confidentially submit a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of its common stock in the United States. Both the offering itself and the timing thereof are subject to market conditions, other considerations, and the completion of the SEC's review process.