5 Best SPACs to Buy According to SoftBank’s Masayoshi Son

4. Khosla Ventures Acquisition Co. III (NASDAQ: KVSC)

Khosla Ventures Acquisition Co. III (NASDAQ: KVSC) is a special purpose acquisition company based in California. It is ranked fourth on our list of 10 best SPACs to buy according to SoftBank’s Masayoshi Son. The firm went public in March this year, raising more than $563 million from the initial offering. It concentrates on mergers with companies working in the technology sector around the world. The CEO of the firm is Samir Kaul. 

Khosla Ventures Acquisition Co. III (NASDAQ: KVSC) has a market capitalization of over $652 million. The 52-week price range of the stock is between $9.6 and $10.2. The firm also markets capital stock exchange, asset acquisition, and other services in addition to mergers.

At the end of the first quarter of 2021, SB Management owned 3.5 million shares in Khosla Ventures Acquisition Co. III (NASDAQ: KVSC) worth $34 million. This represented 0.22% of the investment portfolio of SB Management.