Symbotic Announces Pricing of Primary and Secondary Offering of Class A Common Stock

Core Points - Symbotic Inc. has announced a public offering of 10,000,000 shares of its Class A common stock at a price of $55.00 per share, with 6,500,000 shares sold by the company and 3,500,000 shares sold by SoftBank's affiliate [1] - The offering is expected to close on December 8, 2025, subject to customary closing conditions [2] - The net proceeds from the offering will be used for general corporate purposes, while the selling securityholder will receive all net proceeds from their shares sold [2] Company Overview - Symbotic is a leader in automation technology, focusing on A.I.-powered robotics and software for supply chain management [7] - The company aims to transform warehouses into strategic assets for major retail, wholesale, and food & beverage companies, enhancing speed, agility, accuracy, and efficiency in goods movement [7]