SVF Investment 2 closed its IPO of 23 million Class A ordinary shares, including 3 million shares issued pursuant to the full exercise of underwriters’ over-allotment option, at $10 per share.
An affiliate of the SPAC’s sponsor entered into a forward purchase agreement that provides for the private placement of up to $150 million in Class A ordinary shares at the IPO price.
The tech-focused SPAC is sponsored by SoftBank Investment Advisers (“SBIA”), the investment manager to the SoftBank Vision Funds. Read more.
