Symbotic Announces Pricing of Primary and Secondary Offering of Class A Common Stock
Symbotic (Nasdaq: SYM) priced an underwritten public offering of 10,000,000 shares of Class A common stock at $55.00 per share, expected to close on December 8, 2025.
Sentiment and the balance of points
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Rhea-AI Summary
Symbotic (Nasdaq: SYM) priced an underwritten public offering of 10,000,000 shares of Class A common stock at $55.00 per share, expected to close on December 8, 2025.
The company is selling 6,500,000 new shares (gross proceeds ~$357.5M) and SVF Sponsor III (SoftBank affiliate) is selling 3,500,000 shares (gross proceeds ~$192.5M). Symbotic granted underwriters a 30-day option to buy up to 1,500,000 additional shares.
Net proceeds from the company’s portion are intended for general corporate purposes. The offering is being made via a prospectus supplement and shelf registration on Form S-3.
Positive
- Company portion: 6,500,000 shares priced at $55
- Gross proceeds from company shares ~$357.5M
- Shelf registration enables a relatively fast capital raise
Negative
- Issuance of 6,500,000 new shares will dilute existing shareholders
- Underwriter option of 1,500,000 additional shares creates potential short-term overhang
Details
News Market Reaction – SYM
On Dec 5, the first trading day after this news, SYM closed 1.29% below the previous close.
Data tracked by StockTitan Argus for the Dec 5 session.
Key Figures
- Total shares offered
- 10,000,000 shares
- Primary and secondary Class A common stock in the offering
- Primary shares
- 6,500,000 shares
- Class A common stock sold by the Company
- Secondary shares
- 3,500,000 shares
- Class A common stock sold by SoftBank affiliate selling securityholder
- Offering price
- $55.00 per share
- Public offering price for Class A common stock
- Underwriter option
- 1,500,000 shares
- Additional Class A shares under 30-day purchase option
- Option period
- 30 days
- Duration of underwriters’ option to purchase additional shares
- Expected close date
- December 8, 2025
- Expected closing of the offering, subject to conditions
Historical Context
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Company and SoftBank affiliate announced plan to sell 10M Class A shares.
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Reported Q4 and FY2025 results with revenue growth and mixed profitability.
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Announced timing and webcast details for Q4 and FY2025 earnings release.
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Unveiled higher-capacity, lighter, longer-life power tech for SymBot robots.
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Named to Fast Company’s 2025 Best Workplaces for Innovators list.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
underwritten public offering financial
prospectus supplement regulatory
underwriting discounts and commissions financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Mass., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 10,000,000 shares of its Class A common stock by the Company and SVF Sponsor III (DE) LLC, an affiliate of SoftBank Group Corp. (the “Selling Securityholder”). In the offering, 6,500,000 shares of Class A common stock are being sold by the Company and 3,500,000 shares of Class A common stock are being sold by the Selling Securityholder, each at a public offering price of
Symbotic currently intends to use the net proceeds from the Offering for general corporate purposes. The Selling Securityholder will receive all the net proceeds from the sale of shares of Class A common stock sold by them in the Offering. The Offering is expected to close on December 8, 2025, subject to customary closing conditions.
Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as lead book-running managers of the proposed Offering. TD Securities is acting as an additional book-running manager of the proposed Offering.
The Offering is being made only by means of a prospectus supplement and the accompanying prospectus, copies of which, when available, may be obtained from the offices of Goldman Sachs & Co. LLC, 200 West Street, New York, NY 10282, attention: Prospectus Department, by telephone at (866) 471-2526 or by email at prospectus-ny@ny.email.gs.com and from the offices of Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (800) 831-9146.
The shares of Symbotic’s Class A common stock will be issued pursuant to an effective shelf registration statement on Form S-3. Before investing in the Offering, interested parties should read the prospectus and related prospectus supplement for the Offering, the documents incorporated by reference therein and the other documents Symbotic has filed with the U.S. Securities and Exchange Commission (“SEC”). These documents may be obtained for free by visiting the SEC’s website at www.sec.gov.
This press release is for informational purposes only and shall not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of such state or jurisdiction.
ABOUT SYMBOTIC
Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers.
FORWARD-LOOKING STATEMENTS
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, Symbotic’s expectations or predictions of future financial or business performance or conditions. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Generally, statements that are not historical facts, including statements concerning our possible or assumed future actions, business strategies, events, backlog, or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” or “intends” or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s filings with the SEC, including the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contained therein. These risk factors will be important to consider in determining future results and should be reviewed in their entirety. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Symbotic is not under any obligation, and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports, which Symbotic has filed or will file from time to time with the SEC.
INVESTOR RELATIONS CONTACT
Charlie Anderson
Vice President, Investor Relations & Corporate Development
ir@symbotic.com
MEDIA INQUIRIES
mediainquiry@symbotic.com
FAQ
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