secwatch.observer — SEC 8-K summary
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Issuer:     Symbotic Inc. (SYM)
CIK:        0001837240
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001193125-25-311363
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Symbotic completes underwritten offering of 11.5M shares, net proceeds ~$425M
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- Completed offering of 11,500,000 Class A shares (8,000,000 from company, 3,500,000 from selling securityholders).
- Net proceeds to company approximately $425 million, after underwriting discounts and offering expenses.
- Proceeds will be used for general corporate purposes; company did not receive proceeds from selling securityholders.
- Underwriters' option to purchase additional 1,500,000 shares was exercised in full.
- Underwriting agreement with Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. as representatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837240/000119312525311363/0001193125-25-311363-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837240/000119312525311363/d69186d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-311363

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