---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-046216"
form_type: "8-K"
ticker: "SYM"
cik: "0001837240"
company_name: "Symbotic Inc."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T15:43:15.184444+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Symbotic completes 10M-share offering, nets ~$197M for general corporate purposes

## Summary
- Offering of 10,000,000 shares closed: 5,000,000 from company and 5,000,000 from selling securityholders.
- Net proceeds to Symbotic of approximately $197 million after underwriting discounts and expenses.
- Company plans to use net proceeds for general corporate purposes; no proceeds from selling shareholders' shares.
- Underwriters granted 30-day option to purchase up to an additional 1,500,000 shares.
- Offering made under shelf registration statement; prospectus supplement dated Feb 21, 2024.

## SEC filing metadata
- accession: 0001193125-24-046216
- form_type: 8-K
- ticker: SYM
- cik: 0001837240
- company_name: Symbotic Inc.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837240/000119312524046216/0001193125-24-046216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837240/000119312524046216/d787816d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-046216
- JSON: https://secwatch.observer/filing/0001193125-24-046216.json
- Plain text: https://secwatch.observer/filing/0001193125-24-046216.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.