SFTBY - SoftBank Vision Fund preparing a SPAC launch

According to SoftBank ([[SFTBF]],[[SFTBY]]) exec Rajeev Misra, the company's Vision Fund will launch a SPAC in the next few weeks.Axios sources say Goldman Sachs and Citigroup would oversee the IPO, which wouldn't involve acquiring an existing SoftBank portfolio company.SoftBank Investment Advisors, which manages the $100B Vision Fund and follow-up Vision Fund 2, will likely be the official sponsor.Previously: SoftBank shares hit 20-year high on Arm tailwind, going private rumors (Oct. 07 2020)

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SoftBank Vision Fund preparing a SPAC launch