SOFTBANK VISION FUND sells 3,000,000 shares of NRGV at $5.65; stake reduced 16.2% to 15.54M shares
SOFTBANK VISION FUND (10% owner) sold 3,000,000 shares on 2026-01-15 for $16,950,000.00, reducing its stake from 18.54M to 15.54M shares—a reduction of 16.2% of pre-transaction holdings. The sale occurred during a period of strong recent price momentum: the stock has risen 19.5% over the past 30 days and 72.0% over the past 90 days, though it currently trades 5.9% below the 52-week high of $6.07. NRGV fundamentals show significant distress: the company posted a net loss of $26.8M in the latest quarter on revenue of $33.3M, with annual revenue declining 86.5% year-over-year and an unprofitable full-year result. A major venture stakeholder's reduction in its position by over one-sixth—even as the stock has experienced recent strength—suggests material reassessment of the company's trajectory amid deteriorating financial performance.