Symbotic Inc.

Symbotic Inc., a warehouse automation and artificial intelligence company, entered the public markets through a business combination with SVF Investment Corp. 3, a special purpose acquisition company sponsored by SoftBank Vision Fund. The definitive merger agreement was reflected in an 8-K filing dated December 13, 2021, marking a pivotal step in the transaction. SVF Investment Corp. 3 completed its IPO in 2021 and targeted the technology and supply chain sectors. Symbotic develops AI-powered robotic systems for warehouse and retail distribution operations and now trades on Nasdaq under the ticker SYM. Sign up on SpacDesk for full data, filings, and analytics on Symbotic and the broader SPAC market.