Gores Guggenheim, Inc. (GGPIU) News
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GGPIU News Highlights
- For GGPIU, its 30 day story count is now at 2.
- Over the past 19 days, the trend for GGPIU's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
Latest GGPIU News From Around the Web
Below are the latest news stories about Gores Guggenheim Inc that investors may wish to consider to help them evaluate GGPIU as an investment opportunity.
Gores Guggenheim, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing May 13, 2021
Gores Guggenheim, Inc. (Nasdaq: GGPIU) (the "Company"), a blank check company sponsored by affiliates of The Gores Group and Guggenheim Capital, LLC, today announced that, commencing May 13, 2021, holders of the units sold in the Company’s initial public offering of 80,000,000 units, may elect to separately trade the shares of Class A common stock and warrants included in the units. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol "GGPIU," and the Class A common stock and warrants that are separated will trade on the Nasdaq Capital Market under the symbols "GGPI" and "GGPIW," respectively.
Gores Guggenheim, Inc. Announces Closing of Over-Allotment in Connection With Its Initial Public Offering
Gores Guggenheim, Inc. (the "Company"), a blank check company sponsored by affiliates of The Gores Group and Guggenheim Capital, LLC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the underwriters, pursuant to the terms of the underwriting agreement, partially exercised their option to purchase 5,000,000 newly issued units to cover over-allotments, and on April 22, 2021, purchased these additional units, generating additional gross proceeds of $50,000,000. Following the exercise of the over-allotment option, the total aggregate issuance by the Company of 80,000,000 units at a price of $10.00 per unit resulted in total gross proceeds o...