SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SVF Sponsor II (DE) LLC

(Last) (First) (Middle)
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY

(Street)
SAN CARLOS CA 94070

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SVF Investment Corp. 2 [ SVFB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
03/24/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Ordinary Shares (held by Navneet Govil) 03/24/2023 D(1) 62,500 D $10.2227 0 D
Class A Ordinary Shares (held by SVF Sponsor II (DE) LLC) 03/24/2023 D(1) 760,000 D $0.00 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Ordinary Shares (held by SVF Sponsor II (DE) LLC) (2) 03/24/2023 D 5,599,999 (2) (2) Class A Ordinary Shares 5,599,999 $0.00 1 D
Class B Ordinary Shares (held by Sunil Gulati) (2) 03/24/2023 D 50,000 (2) (2) Class A Ordinary Shares 50,000 $0.00 0 D
Class B Ordinary Shares (held by Fred P Hochberg) (2) 03/24/2023 D 50,000 (2) (2) Class A Ordinary Shares 50,000 $0.00 0 D
Class B Ordinary Shares (held by Robin Josephs) (2) 03/24/2023 D 50,000 (2) (2) Class A Ordinary Shares 50,000 $0.00 0 D
1. Name and Address of Reporting Person*
SVF Sponsor II (DE) LLC

(Last) (First) (Middle)
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY

(Street)
SAN CARLOS CA 94070

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) X Other (specify below)
See Remarks
1. Name and Address of Reporting Person*
Govil Navneet

(Last) (First) (Middle)
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY

(Street)
SAN CARLOS CA 94070

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Gulati Sunil

(Last) (First) (Middle)
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY

(Street)
SAN CARLOS CA 94070

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Hochberg Fred P

(Last) (First) (Middle)
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY

(Street)
SAN CARLOS CA 94070

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
JOSEPHS ROBIN

(Last) (First) (Middle)
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY

(Street)
SAN CARLOS CA 94070

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The reported securities were redeemed by the Issuer pursuant to a redemption of all Class A ordinary shares in connection with the Issuer's liquidation.
2. As described in the Issuer's registration statement on Form S-1 (File No. 333-252785) under the heading "Founder Shares", the founder shares are designated as Class B ordinary shares and would have automatically converted into Class A ordinary shares upon the consummation of an initial business combination. The Issuer's sponsor and each member of the management team entered into an agreement pursuant to which they agreed to waive their rights to liquidating distributions from the trust account with respect to any founder shares they hold in the event the Issuer failed to consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association. On March 7, 2023, the Issuer announced that it will not consummate an initial business combination within the time period required. Accordingly, the Class B ordinary shares held by the reporting persons were surrendered for no compensation on March 24, 2023.
Remarks:
After giving effect to the Issuer's delisting and deregistration, the Reporting Persons will no longer be subject to Section 16 reporting obligations.
SVF Sponsor II (DE) LLC: By: Jonathan Duckles 03/27/2023
/s/ Navneet Govil 03/27/2023
/s/ Sunil Gulati 03/27/2023
/s/ Fred P Hochberg 03/27/2023
/s/ Robin Josephs 03/27/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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