Sullivan & Cromwell Advises Symbotic on $425 Million Registered Common Stock Offering

"Sullivan & Cromwell LLP advised Symbotic on an SEC-registered offering of $425 million of common stock, which included the full exercise of the underwriters’ option. S&C has previously represented Symbotic in its acquisition of Walmart’s Advanced Systems and Robotics business, its 2023 JV with SoftBank, and its 2022 business combination with SVF Investment Corp."

Sullivan & Cromwell LLP advised Symbotic, a leader in AI-enabled robotics technology for the supply chain, in connection with a registered offering of common stock. Symbotic completed an SEC-registered offering of $425 million of common stock, which included the full exercise of the underwriters’ option to purchase additional shares. Sullivan & Cromwell LLP represented Symbotic with a team composed by: Bob Downes, Matt Goodman, John Karol and Austin Reda. Tessa Lee and Jenna Cook advised on tax matters.

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Sullivan & Cromwell Advises Symbotic on $425 Million Registered Common Stock Offering

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