---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-063654"
form_type: "8-K"
ticker: "SYM"
cik: "0001837240"
company_name: "Symbotic Inc."
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:45:06.366534+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Symbotic completes underwriters' overallotment option, raising additional ~$59M

## Summary
- Underwriters exercised in-full option to purchase 1,500,000 shares of Class A common stock.
- Net proceeds to Symbotic from the option exercise were approximately $59 million.
- Total net proceeds from the February 2024 offering, including the option, are ~$256 million.
- The exercise closed on March 8, 2024; Goldman Sachs & Co. acted as representative underwriter.

## SEC filing metadata
- accession: 0001193125-24-063654
- form_type: 8-K
- ticker: SYM
- cik: 0001837240
- company_name: Symbotic Inc.
- filed_at: 2024-03-08T23:59:59+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/1837240/000119312524063654/0001193125-24-063654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837240/000119312524063654/d809241d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-063654
- JSON: https://secwatch.observer/filing/0001193125-24-063654.json
- Plain text: https://secwatch.observer/filing/0001193125-24-063654.txt

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