SVF Investment Corp. 2 operates as a blank check company. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as SVF Investment II Corp. and changed its name to SVF Investment Corp. 2. in January 2021. SVF Investment Corp. 2 was founded in 2020 and is based in San Carlos, California.
SVF Investment Corp. 2 (Nasdaq: SVFB) (the "Company") announced today the closing of its initial public offering of 23,000,000 Class A ordinary shares, including 3,000,000 shares issued pursuant to the full exercise of underwriters' over-allotment option, at a price to the public of $10.00 per share, resulting in gross proceeds of $230,000,000.