Symbotic Inc.

SVF Investment Corp. 3 (Nasdaq: SVFC), a blank-check company sponsored by affiliates of SoftBank Vision Fund, filed an 8-K with the SEC on December 13, 2021, announcing the execution of a definitive business combination agreement with Symbotic Inc., a Massachusetts-based warehouse automation and robotics technology company. SVFC completed its initial public offering in 2021 and targeted the technology sector. The proposed transaction was designed to bring Symbotic, which counts Walmart among its strategic partners, to the public markets on Nasdaq. The business combination closed in 2022, and Symbotic continues to trade as a publicly listed AI-enabled supply chain robotics company. Sign up on SpacDesk for complete filing histories, deal timelines, and in-depth SPAC analytics.