SVF Investment Corp. 2 (SVFB)
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Two blank-check firms backed by SoftBank Group Corp are aiming to raise a total of about $550 million in their initial public offerings, regulatory filings showed on Friday.
SVF Investment 2, the third blank check company formed by SoftBank targeting technology-enabled sectors, filed on Friday with the SEC to raise up to $200 million in an initial public offering.
SVF Investment Corp. 2 has filed to go public with an IPO on the NASDAQ.
SVF Investment 2 is a newly formed blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We intend to identify, acquire and manage a business in a technology-enabled sector. The twin impacts of artificial intelligence (“AI”) and the global transition to the interconnection of everyday computing devices through the internet will, we believe, transform the world we live in and fundamentally disrupt c... [Read more...]
Blank Checks / SPAC
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