SVF Investment Corp. 3 shareholders approve Symbotic merger; $274.6M redeemed

Symbotic Inc.

All 9 proposals passed with ~93% of votes cast in favor of the business combination.
Holders of 27,459,854 Class A shares (approx 83% of outstanding) redeemed at ~$10/share, totaling ~$274.6M.
Eight directors elected for the post-combination board, including Richard B. Cohen and Michael Loparco.
Subscription agreements for $205M (20.5M shares at $10/share) offset a portion of redemptions.
Domestication from Cayman to Delaware approved; new charter and bylaws adopted.

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