SoftBank's investment branch to go public, eye $525 mn

SoftBank Group's investment branch to go public, eye $525 million from IPO

The company intends to have its units listed on the Nasdaq under the ticker 'SVFAU'

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo. Credit: Reuters File Photo

SoftBank Group Vision Fund's blank-check company, SVF Investment Corp, filed to go public on Monday saying it would raise up to $525 million.

The company intends to have its units listed on the Nasdaq under the ticker "SVFAU".

SVF said its IPO pricing is an estimate solely for calculating the SEC registration fee.