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TOKYO: Two blank-cheque firms backed by SoftBank Group Corp are aiming to raise a total of about US$550mil in their initial public offerings (IPOs), regulatory filings showed on Friday.
NEW YORK: 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.
IT seems like everyone’s launching a special-purpose acquisition company (SPAC) these days, but you could have bet on Softbank Group Corp maestro Masayoshi Son and his lieutenant Rajeev Misra finding a way of putting an eyebrow-raising spin on the blank-check phenomenon. They haven’t disappointed.
NEW YORK: SoftBank Group Vision Fund's blank-check company, SVF Investment Corp, filed to go public on Monday saying it would raise up to US$525 million.