SVF Investment Corp. 3 Announced Effectiveness of Registration Statement for Business Combination with Symbotic

Author: Charles Gross | May 10, 2022 06:14am
 SVF Investment Corp. 3, a special purpose acquisition company (the "Company" or "SVF") (NASDAQ:SVFC), announced today that the U.S. Securities and Exchange Commission (the "SEC"), has declared effective its Registration Statement on Form S-4 (as amended, the "Registration Statement"), which includes a proxy statement/prospectus in connection with its previously announced proposed business combination (the "Business Combination") with Symbotic LLC ("Symbotic"), through its parent entity Warehouse Technologies LLC. SVF also announced it has scheduled an extraordinary general meeting (the "Special Meeting") on June 3, 2022 at 9:00 am Eastern Time for its shareholders of record at the close of business on April 25, 2022 (the "Record Date") to approve the Business Combination and related proposals. SVF and Symbotic expect to close the Business Combination promptly after the Special Meeting, subject to SVF's shareholder approval and other customary closing conditions. Following the consummation of the Business Combination, the post business combination company, to be named Symbotic Inc., will begin trading on Nasdaq under the ticker "SYM." Due to the COVID-19 pandemic and the various travel and other restrictions in place, the Special Meeting will be held virtually and SVF shareholders can attend the Special Meeting using the virtual meeting instructions set forth on their proxy cards. If any SVF shareholder does not receive the final proxy statement/prospectus (the "Final Proxy Statement/Prospectus"), that shareholder should contact their broker or contact Morrow Sodali LLC ("Morrow Sodali"), SVF's proxy solicitor, for assistance, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). SVF shareholders who have questions or need assistance in voting their shares should call Morrow Sodali toll-free at (800) 662-5200. SVF shareholders can register for the Special Meeting by visiting the following link: https://www.cstproxy.com/svfc/2022. Only SVF shareholders with valid control numbers from their proxy cards may submit questions. SVF shareholders will have the opportunity to submit questions both in advance of the Special Meeting and during the Special Meeting, in each case upon receipt of their proxy cards and the control numbers set forth therein. All questions should be submitted via the chat box on the virtual meeting page on the link listed above. Questions submitted in advance of the Special Meeting and during the Special Meeting will be addressed during the Special Meeting as time permits and at the sole discretion of SVF. Questions will be addressed in the order received. SVF shareholders who need assistance submitting questions should call Continental Stock Transfer & Trust Company, SVF's virtual meeting provider, at (917) 262-2373.

Posted In: SVFC