Symbotic, a Revolutionary A.I.-Enabled Technology Platform for the Supply Chain, to Become a Public Company in Partnership with SoftBank

On December 13, 2021, Symbotic announced its intent to become a public company via a merger with SVF Investment Corp. 3. Subject to customary approvals, Symbotic expects to begin trading on Nasdaq under the ticker symbol “SYM” in the first half of 2022.

Symbotic is a product movement technology platform that is adaptable to a wide range of use cases. The company rebuilt the traditional warehouse, powered by a fleet of autonomous robots with A.I.-enabled software, to create a first of its kind physical structure that can power a customer’s entire supply chain technology platform.


SVF Investment Corp. 3 Announces Effectiveness of Registration Statement for Business Combination with Symbotic

May 10, 2022

Special meeting to approve transaction scheduled for June 3, 2022


Symbotic Holds Capital Markets Virtual Briefing on May 10, 2022

May 10, 2022

A Capital Markets Virtual Briefing with live Q & A was held on Tuesday, May 10, 2022, from 1:00 PM to 3:30 PM ET. Presentation materials can be accessed via the link below.


Symbotic Reports Fiscal Year 2022 Second Quarter Results

May 10, 2022

• Second Quarter Revenue Growth of 315% Year-over-Year

• Record Level of Quarterly Gross Profit Achieved During the Quarter


Symbotic Names Michael J. Loparco Chief Executive Officer

March 30, 2022

Symbotic LLC, a revolutionary A.I.-enabled technology platform provider for the supply chain and a leader in robotics-based automation, names Michael J. Loparco as Chief Executive Officer. Rick Cohen will remain Chairman of the Board and President, and will focus on product development and customer engagement as Chief Product Officer.


Symbotic Reports Fiscal Year 2022 First Quarter Results

March 1, 2022

• Continued Momentum with First Quarter of Multiple Customer Deployment Starts

• Strong Improvement in Gross Margin to 78.8%

• Announced Proposed Business Combination with SVF Investment Corp. 3


Symbotic, a Revolutionary A.I.-Enabled Technology Platform for the Supply Chain, to Become a Public Company in Partnership with SoftBank

December 13, 2021

• Combination with SVF Investment Corp. 3 Values Symbotic at an Approximate Pro Forma Equity Value of $5.5 Billion
• Breakthrough Patent-Protected Technology Developed in Multi-Year Partnerships with World’s Leading Retailers Boasts an Industry-leading $5 Billion Contracted Backlog
• Transaction Expected to Raise $725 Million in Gross Proceeds, including $200 Million in Committed Capital from SoftBank Vision Fund 2 and $205 Million in a Common Equity PIPE from a Select Group of Leading Strategic and Institutional Investors including Walmart
• Approximately $900 Million of Committed Capital to Support Symbotic Modernizing the Global Supply Chain, a $1 Trillion Market Opportunity