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OpenAI issued warrants worth $5.5 billion in SB Energy, WSJ reports
Source: reuters.com
Technology & InnovationIPOs & SPACsCompany Fundamentals
OpenAI received warrants worth an estimated $5.5B from power infrastructure firm SB Energy, according to draft IPO documents reviewed by the Wall Street Journal. The update is constructive for deal/financing expectations around the prospective IPO, but it is not a finalized corporate action yet.
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