Ticker Launch
Sign inTry it free

SPAC · Merger completed

SVF Investment Corp. 3

Business combination with Symbotic Holdings LLC

SVF Investment Corp. 3 is a blank-check company (SPAC) that raised $280M in its initial public offering on Mar 10, 2021, listing on Nasdaq Capital Market. It completed its business combination with Symbotic Holdings LLC on Jun 7, 2022; the combined company is Symbotic Inc. (SYM). Citigroup led the IPO, with UBS and Deutsche Bank. Walkers advised the SPAC and Skadden, Arps advised the underwriters on the IPO.

Symbotic Holdings LLC operates a robotics and automation-based product movement platform that targets the consumer goods supply chain. Its end-to-end warehouse automation system combines proprietary software with a fleet of autonomous robots and is protected by more than 250 issued patents.

Status
Merger completed
IPO date
Mar 10, 2021
IPO size
$280M
IPO exchange
Nasdaq Capital Market
Target
Symbotic Holdings LLC (Symbotic)
Announced
Dec 13, 2021
Closed
Jun 7, 2022
Combined company
Symbotic Inc. (SYM)
IPO underwriters
Citigroup, UBS, Deutsche Bank, Cantor and Mizuho
SPAC counsel (IPO)
Walkers
Underwriters' counsel (IPO)
Skadden, Arps

More on this SPAC for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Try it free for 7 daysOpen in Ticker Launch

Then $99/month or $999/year. Cancel anytime.

Filings

Other deSPACs that closed in 2022