SpacDesk logoSpacDesk

Symbotic

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

SVF Investment Corp. 3 (Nasdaq: SVFC), a blank-check company sponsored by SB Investment Advisers (UK) Limited, the investment arm of SoftBank Group, completed its merger with Symbotic, an AI-powered warehouse automation and robotics company, closing a deal first announced in December 2021. The SPAC went public in 2021 and targeted the diversified technology and automation sector. Following the combination, Symbotic began trading on Nasdaq under the ticker SYM. The transaction brought public market access to a company focused on supply chain robotics systems used by large-scale retail and distribution operators. Sign up at SpacDesk for full deal metrics, timeline data, and sponsor history on SVFC and hundreds of other SPAC transactions.

Announced
2021-12-13
Closed
2022-06-13
PIPE Raised
$100–250M
Industry
Other / Diversified

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
SVFCSVF Investment Corp. 3Closed2021-12-132022-06-13$320.0M$205.0MSVF Sponsor III (DE) LLC