FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SVF Sponsor II (DE) LLC
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
(Last)          (First)          (Middle)

C/O SVF INVESTMENT CORP. 2, 1 CIRCLE STAR WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

3/24/2023
(Street)

SAN CARLOS, CA 94070
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person
(City)        (State)        (Zip)
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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) 3/24/2023  D(1)  62500 D$10.2227 0 D  
Class A Ordinary Shares (held by SVF Sponsor II (DE) LLC) 3/24/2023  D(1)  760000 D$0.00 0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares (held by SVF Sponsor II (DE) LLC)  (2)3/24/2023  D     5599999   (2) (2)Class A Ordinary Shares 5599999 $0.00 1 D  
Class B Ordinary Shares (held by Sunil Gulati)  (2)3/24/2023  D     50000   (2) (2)Class A Ordinary Shares 50000 $0.00 0 D  
Class B Ordinary Shares (held by Fred P Hochberg)  (2)3/24/2023  D     50000   (2) (2)Class A Ordinary Shares 50000 $0.00 0 D  
Class B Ordinary Shares (held by Robin Josephs)  (2)3/24/2023  D     50000   (2) (2)Class A Ordinary Shares 50000 $0.00 0 D  

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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SVF Sponsor II (DE) LLC
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY
SAN CARLOS, CA 94070
XX
See Remarks
Govil Navneet
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY
SAN CARLOS, CA 94070

X

Gulati Sunil
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY
SAN CARLOS, CA 94070

X

Hochberg Fred P
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY
SAN CARLOS, CA 94070

X

JOSEPHS ROBIN
C/O SVF INVESTMENT CORP. 2
1 CIRCLE STAR WAY
SAN CARLOS, CA 94070

X


Signatures
SVF Sponsor II (DE) LLC: By: Jonathan Duckles3/27/2023
**Signature of Reporting PersonDate

/s/ Navneet Govil3/27/2023
**Signature of Reporting PersonDate

/s/ Sunil Gulati3/27/2023
**Signature of Reporting PersonDate

/s/ Fred P Hochberg3/27/2023
**Signature of Reporting PersonDate

/s/ Robin Josephs3/27/2023
**Signature of Reporting PersonDate


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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
SVF Investment Corporati... (NASDAQ:SVFB)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more SVF Investment Corporati... Charts.
SVF Investment Corporati... (NASDAQ:SVFB)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more SVF Investment Corporati... Charts.