UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 5, 2023
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
(978 ) 284-2800
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 5, 2023, Santhosh Daniel resigned as Vice President and Controller of Symbotic Inc. (the “Company”), effective as of June 16, 2023. Effective as of June 5, 2023, Mr. Daniel no longer serves as the Company's principal accounting officer and will continue his employment as a Vice President with the Company to assist with transition matters through June 16, 2023, when his employment with the Company will end. Mr. Daniel's resignation was not the result of any dispute or disagreement with Symbotic, including any matters relating to the Company's accounting practices or financial reporting.
Thomas Ernst, the Company's Chief Financial Officer and Treasurer, assumed the responsibilities of chief accounting officer effective as of June 5, 2023 and will serve as the Company's principal financial officer and principal accounting officer for purposes of the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”). Biographical information concerning Mr. Ernst, as described in Items 401(b) and (e) of Regulation S-K, is disclosed in the Company's definitive proxy statement on Schedule 14A filed with the SEC on January 18, 2023.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 7, 2023
| Symbotic Inc. | ||||||||
| By: | /s/ Thomas Ernst | |||||||
| Name: | Thomas Ernst | |||||||
| Title: | Chief Financial Officer and Treasurer | |||||||
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