secwatch.observer — SEC 8-K summary
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Issuer:     Symbotic Inc. (SYM)
CIK:        0001837240
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001193125-24-063654
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837240/000119312524063654/0001193125-24-063654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837240/000119312524063654/d809241d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-063654

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