◂ Announcements

Sep 3, 2019ACQUISITIONUnited States

Symbotic to go public via $5.5B SPAC merger with SoftBank

Symbotic LLC, an AI-based supply chain robotics company, agreed to merge with SoftBank's SVF Investment Corp. to go public on the Nasdaq with a pro forma equity value of approximately $5.5 billion.

Value

$5.50B

Status

Announced

Productsautonomous mobile robotsAI-based supply chain platform

CompaniesSymbotic SoftBank Group investor

Sectors#Automation and Robotics #Material Handling

“The proceeds of the merger will enable Symbotic to accelerate its growth plans.”wwd.com

1 source
wwd.comWalmart-Backed Robotic Startup Symbotic to Go Public in $5.5B SPACGlenn TaylorSep 3, 2019

Summarized from public sources; check the original articles before acting on it.

More from Symbotic

profile ▸

Oct 29, 2026PARTNERSHIPUnited States
Walmart and Symbotic expand commercial agreement
Walmart customer Symbotic supplier mmh.com
May 23, 2022CONTRACTUnited States
Walmart and Symbotic expand partnership for automation systems
Walmart customer Symbotic supplier channelbiz.co.uk
May 23, 2022CONTRACTUnited States
Walmart and Symbotic expand partnership to automate 42 regional distribution centers
Walmart customer Symbotic supplier symbotic.gcs-web.com
Dec 15, 2021ACQUISITIONWilmington, Massachusetts, United States
Symbotic to go public via merger with Softbank SPAC
Symbotic target SoftBank Investment Advisers acquirer aibusiness.com
Dec 14, 2021ACQUISITIONUnited States$725.0M
Symbotic to go public via SPAC merger with SVF Investment Corp. 3
Walmart investor Symbotic target news.bloomberglaw.com
Dec 12, 2021ACQUISITIONUnited States$4.50B
Symbotic to merge with SoftBank SPAC in $4.5B deal
Walmart investor Symbotic target news.sky.com

Loading…

Symbotic to go public via $5.5B SPAC merger with SoftBank · Endata