SVF Investment Corp. announced a private placement of 8,333,333 warrants at an issue price of $1.5 per share for gross proceeds of $12,500,000 on December 21, 2020. The transaction will include participation from SVF Sponsor LLC. The company is issuing the securities pursuant to the written agreement entered with the investor. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share, subject to adjustment. The warrants including the Class A ordinary shares issuable upon exercise of such warrants will not be transferable, assignable or saleable until 30 days after the completion of its initial business combination. The warrants will be non-redeemable by us and exercisable on a cashless basis so long as they are held by our investor or its permitted transferees. If the warrants are held by holders other than the investor or its permitted transferees, the warrants will be redeemable by us in all redemption scenarios and exercisable by the holders. If the over allotment option is exercised the company will issue 9,383,333 warrants for gross proceeds of $14,074,999.5. The transaction is expected to close along with proposed public offering.