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SoftBank Group surges on reports OpenAI may file for IPO soon

Thu May 21, 2026 9:57 am JST Catalyst

SoftBank Group Corp. <9984> surged sharply. Regarding the IPO (initial public offering) of U.S.-based OpenAI, in which SoftBank Group Corp holds a stake, The Wall Street Journal reported on the 20th that financial institutions including Goldman Sachs Group and Morgan Stanley are assisting in drafting the prospectus, with plans to submit filing documents to regulators as early as the 22nd. The company is aiming to be in a position to list as early as September. Reports of the massive IPO have drawn capital inflows into SoftBank Group Corp. Shares of Arm Holdings , a subsidiary of SoftBank Group Corp, also posted significant gains on the 20th.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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