SoftBank successfully raised $4.8 billion from the sale of 21.5 million shares of T-Mobile at a price of $224 each, which represents a 3% discount from T-Mobile's closing price of $230.99. This sale allows SoftBank to maintain its position as T-Mobile's second-largest shareholder, holding 7.52% of the company post-sale. The funds raised are expected to bolster SoftBank's financial position and support its ongoing investments in technology and telecommunications.

The share sale comes after SoftBank was set to receive T-Mobile shares worth approximately $7.59 billion at no additional cost, following the fulfillment of conditions from a previous merger agreement with Sprint. This strategic move indicates SoftBank's ongoing commitment to its telecommunications investments while also providing liquidity to support its broader investment strategy.