0000899243-22-021774.txt : 20220609
0000899243-22-021774.hdr.sgml : 20220609
20220609204718
ACCESSION NUMBER: 0000899243-22-021774
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220607
FILED AS OF DATE: 20220609
DATE AS OF CHANGE: 20220609
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SVF Sponsor III (DE) LLC
CENTRAL INDEX KEY: 0001838428
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40175
FILM NUMBER: 221007422
BUSINESS ADDRESS:
STREET 1: 1 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
BUSINESS PHONE: 345-949-0100
MAIL ADDRESS:
STREET 1: 1 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Symbotic Inc.
CENTRAL INDEX KEY: 0001837240
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 200 RESEARCH DRIVE
CITY: WILMINGTON
STATE: MA
ZIP: 01887
BUSINESS PHONE: 978-284-2800
MAIL ADDRESS:
STREET 1: 200 RESEARCH DRIVE
CITY: WILMINGTON
STATE: MA
ZIP: 01887
FORMER COMPANY:
FORMER CONFORMED NAME: SVF Investment Corp. 3
DATE OF NAME CHANGE: 20210128
FORMER COMPANY:
FORMER CONFORMED NAME: SVF Investment III Corp.
DATE OF NAME CHANGE: 20201218
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-06-07
1
0001837240
Symbotic Inc.
SVFC
0001838428
SVF Sponsor III (DE) LLC
1 CIRCLE STAR WAY
SAN CARLOS
CA
94070
0
0
1
0
Class A Common Stock, par value $0.0001 per share
2022-06-07
4
M
0
7850000
A
9090000
D
Class A Common Stock, par value $0.0001 per share
2022-06-07
4
M
0
1040000
A
9090000
D
Class A Common Stock, par value $0.0001 per share
2022-06-07
4
M
0
200000
A
9090000
D
Class B Ordinary Shares, par value $0.0001 per share
2022-06-07
4
M
0
7850000
D
Class A Common Stock
0
D
Class A Ordinary Shares, par value $0.0001 per share
2022-06-07
4
M
0
1040000
D
Class A Common Stock
0
D
Class A Ordinary Shares, par value $0.0001 per share
2022-06-07
4
M
0
200000
D
Class A Common Stock
0
D
On June 7, 2022, SVF Investment Corp. 3 (the "Issuer") consummated its business combination with Warehouse Technologies LLC, Symbotic Holdings LLC and Saturn Acquisition (DE) Corp. As described in the Issuer's Post-Effective Amendment No. 1 to the Registration Statement on Form S-4 (File No. 333-262529) filed with the U.S. Securities and Exchange Commission on May 23, 2022, the shares of Class A ordinary shares of the Issuer, par value $0.0001 per share (the "Class A Ordinary Shares"), automatically converted into shares of Class A common stocks of Symbotic Inc, par value $0.0001 per share (the "Class A Common Stock"), at the time of the Issuer's business combination, in each case, on a one-for-one basis.
As described in the Registration Statement, the shares of Class B ordinary shares of the Issuer, par value $0.0001 per share (the "Class B Ordinary Shares"), automatically converted into shares of Class B common stock of Symbotic Inc., par value $0.0001 per share (the "Class B Common Stock"), which shares of Class B Common Stock automatically converted into shares of Class A Common Stock at the time of the Issuer's business combination, in each case, on a one-for-one basis. Pursuant to the sponsor letter agreement dated as of December 12, 2021 by and among the Issuer, certain insiders of the Issuer, the Reporting Person and Warehouse (the "Sponsor Letter Agreement"), 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events.
The Class A Ordinary Shares were received pursuant to a private placement with the Reporting Person for 1,040,000 shares at a price of $10.00 per share, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination. Pursuant to the Sponsor Letter Agreement, 60% of such shares were immediately vested upon the closing of the business combination with the remaining 40% being subject to vesting upon the occurrence of certain triggering events.
The Class A Ordinary Shares were received upon the conversion of working capital loans into 200,000 Class A Ordinary Shares, which shares were automatically converted into shares of Class A Common Stock upon the consummation of the Issuer's business combination.
/s/ Jonathan Duckles, as attorney-in-fact as Authorized
2022-06-07