SoftBank Vision Fund prepares to file for SPAC IPO on Monday

SoftBank Vision Fund prepares to file for SPAC IPO on Monday

Photographer: Kiyoshi Ota/Bloomberg

SoftBank‘s Vision Fund is preparing to raise between $500 million (£372.66 million) and $600 million via an initial public offering of its first special purpose acquisition company (SPAC), U.S. news portal Axios reported on Sunday, citing multiple sources.