◂ Announcements

Dec 15, 2021ACQUISITIONWilmington, Massachusetts, United States

Symbotic to go public via merger with Softbank SPAC

Walmart-backed robotics firm Symbotic is set to go public following a special purpose acquisition from Softbank Investment Advisers. The merger is expected to be completed within the first half of 2022 and trade on Nasdaq.

Status

Announced

Productswarehouse robotics systems

CompaniesSymbotic target SoftBank Investment Advisers acquirer

Sectors#Automation and Robotics #Material Handling

“Now is the time to take Symbotic to the next level.”aibusiness.com

1 source
aibusiness.comWalmart-backed Symbotic set to go public following Softbank merger | AI BusinessBen WodeckiDec 15, 2021

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

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Symbotic to go public via merger with Softbank SPAC · Endata