Symbotic prices 10 million share offering at $55 per share

Symbotic Inc. (NASDAQ: SYM) announced the pricing of its underwritten public offering of 10 million shares of Class A common stock at $55.00 per share. The company will sell 6.5 million shares while SVF Sponsor III (DE) LLC, a SoftBank Group Corp. affiliate, will sell 3.5 million shares.

The offering includes a 30-day option for underwriters to purchase up to an additional 1.5 million shares at the same price, less underwriting discounts and commissions. The transaction is expected to close on December 8, 2025, subject to customary closing conditions.

Symbotic plans to use net proceeds from its portion of the offering for general corporate purposes. The selling securityholder will receive all proceeds from their share sales.

Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. serve as lead book-running managers, with TD Securities acting as an additional book-running manager.

The shares are being issued under an effective shelf registration statement on Form S-3. Symbotic operates as an automation technology company focused on artificial intelligence-enabled robotics for supply chain operations.

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