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