SVF Investment Corp.

SVF Investment Corp.

SVFAU
SVF Investment Corp.US flagNASDAQ Capital Market
10.16
USD
+0.01
- -
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Rajeev Misra
Sector
Financial Services
Industry
Shell Companies
Address
1 Circle Star Way San Carlos CA United States of America 94070
IPO Date
Jan 8, 2021
Business
SVF Investment Corp. (SVFAU) is a blank check company sponsored by an affiliate of SoftBank Investment Advisers (SBIA), the investment manager to the SoftBank Vision Funds, with no significant current operations other than seeking to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more technology-enabled businesses. The company targets IPO-ready companies in large, growing markets with proven unit economics, next-generation technology, and world-class management teams, particularly in sectors such as mobile communications technology, artificial intelligence, robotics, cloud technologies, software, and computational biology; it leverages SBIA's global ecosystem, which includes over 100 growth-stage portfolio companies and partnerships with leading firms like Alibaba Group, Arm Holdings, and SoftBank Corp. Founded in 2020 and headquartered in San Carlos, California, SVF Investment Corp. operates principally in the United States but draws on SBIA's international networks for investment opportunities worldwide. In January 2021, the company, formerly known as Gazelle Opportunities I (Cayman) Corp., completed its initial public offering, raising approximately $604 million through the issuance of 60.4 million units at $10.00 each, including the full exercise of underwriters' over-allotment options, with units comprising one Class A ordinary share and one-fifth of a warrant; this was supported by a forward purchase agreement for up to $300 million in additional units from an SBIA affiliate. As of late 2022, SVF Investment Corp. had not completed a business combination and announced plans to dissolve, delist its shares from Nasdaq on January 27, 2023, and redeem shareholder interests from its trust account holding nearly $613 million, marking a significant operational wind-down without a de-SPAC merger. No further acquisitions, partnerships, funding rounds, or strategic shifts have been reported for SVF Investment Corp. (SVFAU) in 2024 or 2025, distinguishing it from related SoftBank-sponsored SPACs like SVF Investment Corp. 3, which merged with Symbotic Inc. in June 2022.

Company News

APIChatGPT
  • SoftBank's SVF Investment Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants