Symbotic Prices 10 Million Class A Share Offering

MT Newswires Live12-05 16:18

Symbotic (SYM) said late Thursday it priced an underwritten public offering of 10 million of its class A shares on behalf of the company and a selling securityholder at $55 per share.

The company is offering 6.5 million of its class A shares, while the selling securityholder is selling 3.5 million class A shares. Symbotic also granted underwriters a 30-day option to purchase up to an additional 1.5 million class A shares at the offering price.

Symbotic said it aims to use the proceeds from the offering, which is expected to complete on Monday, for general corporate purposes. The selling securityholder will receive all the proceeds from class A shares it is selling.

Shares were 1.5% lower in premarket trade Friday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2589620948?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-05 16:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2589620948","market":"us","top_or_hot":-1,"title":"Symbotic Prices 10 Million Class A Share Offering","media":"MT Newswires Live","content":"<html><body><p> Symbotic (SYM) said late Thursday it priced an underwritten public offering of 10 million of its class A shares on behalf of the company and a selling securityholder at $55 per share.</p><p>The company is offering 6.5 million of its class A shares, while the selling securityholder is selling 3.5 million class A shares. Symbotic also granted underwriters a 30-day option to purchase up to an additional 1.5 million class A shares at the offering price.</p><p>Symbotic said it aims to use the proceeds from the offering, which is expected to complete on Monday, for general corporate purposes. The selling securityholder will receive all the proceeds from class A shares it is selling.</p><p>Shares were 1.5% lower in premarket trade Friday.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Symbotic Prices 10 Million Class A Share Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSymbotic Prices 10 Million Class A Share Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-05 16:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Symbotic (SYM) said late Thursday it priced an underwritten public offering of 10 million of its class A shares on behalf of the company and a selling securityholder at $55 per share.</p><p>The company is offering 6.5 million of its class A shares, while the selling securityholder is selling 3.5 million class A shares. Symbotic also granted underwriters a 30-day option to purchase up to an additional 1.5 million class A shares at the offering price.</p><p>Symbotic said it aims to use the proceeds from the offering, which is expected to complete on Monday, for general corporate purposes. The selling securityholder will receive all the proceeds from class A shares it is selling.</p><p>Shares were 1.5% lower in premarket trade Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7016","symbol_name":"应用软件","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2589620948","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589620948","pubTimestamp":1764922680,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Symbotic  said late Thursday it priced an underwritten public offering of 10 million of its class A shares on behalf of the company and a selling securityholder at $55 per share.The company is offering 6.5 million of its class A shares, while the selling securityholder is selling 3.5 million class A shares. Symbotic also granted underwriters a 30-day option to purchase up to an additional 1.5 million class A shares at the offering price.Symbotic said it aims to use the proceeds from the offering, which is expected to complete on Monday, for general corporate purposes. The selling securityholder will receive all the proceeds from class A shares it is selling.Shares were 1.5% lower in premarket trade Friday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7016":"应用软件","BK4588":"碎股","BK4585":"ETF&股票定投概念","SYM":"Symbotic Inc.","BK4161":"工业机械"},"translate_title":"Symbotic定价1000万股A类股票发行","themeId":"0c7ed4402ad1ecc76728a161a71eefc4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SYM":1.98},"content_text":"Symbotic (SYM) said late Thursday it priced an underwritten public offering of 10 million of its class A shares on behalf of the company and a selling securityholder at $55 per share.The company is offering 6.5 million of its class A shares, while the selling securityholder is selling 3.5 million class A shares. Symbotic also granted underwriters a 30-day option to purchase up to an additional 1.5 million class A shares at the offering price.Symbotic said it aims to use the proceeds from the offering, which is expected to complete on Monday, for general corporate purposes. The selling securityholder will receive all the proceeds from class A shares it is selling.Shares were 1.5% lower in premarket trade Friday.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2589620948","isCrawlerRequest":true}