SoftBank’s Vision Fund reportedly seeking funding for ‘blank-check company’

14 Oct 2020

Reuters reports that SoftBank Group Corp’s Vision Fund is looking to source external funding for a new so-called ‘blank-check company’ it plans to launch. Citing an unnamed source claiming to be familiar with the matter, it notes that Masayoshi Son’s company may also put in ‘its own capital into the company, whose size is undetermined’. The source, who asked not to be identified as the information is not public, claims that details of the vehicle will be revealed in the next two weeks. SoftBank declined to comment when contacted by Reuters.

Japan, SoftBank Group Corp