SVF Sponsor LLC - Jan 27, 2023 Form 4 Insider Report for SVF Investment Corp. (SVFA)

Role
Other*, 10%+ Owner
Signature
SVF Sponsor LLC: By: /s/ Jonathan Duckles
Stock symbol
SVFA
Transactions as of
Jan 27, 2023
Transactions value $
-$1,523,790
Form type
4
Date filed
1/31/2023, 03:45 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVFA Class A Ordinary Shares (held by Navneet Govil) Disposed to Issuer -$1.52M -150K -100% $10.16 0 Jan 27, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SVFA Class B Ordinary Shares (held by SVF Sponsor LLC) Disposed to Issuer $0 -14.9M -100% $0.00 1 Jan 27, 2023 Class A Ordinary Shares 14.9M Direct F2
transaction SVFA Class B Ordinary Shares (held by Ibrahim Ajami) Disposed to Issuer $0 -50K -100% $0.00* 0 Jan 27, 2023 Class A Ordinary Shares 50K Direct F2
transaction SVFA Class B Ordinary Shares (held by Anita M. Sands) Disposed to Issuer $0 -50K -100% $0.00* 0 Jan 27, 2023 Class A Ordinary Shares 50K Direct F2
transaction SVFA Class B Ordinary Shares (held by Javier Saade) Disposed to Issuer $0 -50K -100% $0.00* 0 Jan 27, 2023 Class A Ordinary Shares 50K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SVF Sponsor LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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.
F2 As described in the Issuer's registration statement on Form S-1 (File No. 333-251541) 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 January 12, 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 January 27, 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. Chief Executive Officer and Chief Financial Officer