Gores Guggenheim, Inc.

Gores Guggenheim, Inc.

GGPI
Gores Guggenheim, Inc.US flagNASDAQ Capital Market
11.23
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Mark R. Stone
Sector
Financial Services
Industry
Shell Companies
Address
6260 Lookout Road Boulder CO United States of America 80301
IPO Date
May 13, 2021
Website
gores.com
Business
Gores Guggenheim, Inc. (GGPI) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations; it focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more unidentified businesses, primarily targeting opportunities in industrials, technology, telecommunications, media and entertainment, business services, healthcare, financial services, and consumer products. Founded in 2020 and headquartered in Boulder, Colorado, the company completed an $800 million initial public offering on the Nasdaq Capital Market in 2021, sponsored by affiliates of The Gores Group and Guggenheim Capital. In June 2022, Gores Guggenheim completed its business combination with Polestar Automotive Holding UK Plc, a premium electric vehicle manufacturer, after which the combined entity trades under the ticker PSNY and GGPI ceased independent operations as a standalone SPAC.

Company News

APIChatGPT
  • Hertz pauses plans of buying Polestar EVs

  • Polestar SPAC Merger: 7 Things to Know as PSNY Stock Starts Trading Today

  • Polestar set to become latest electric vehicle maker to go public via SPAC merger

  • EV Newcomer Polestar Starts Trading

  • Polestar SPAC Gores Guggenheim Is Higher: Here's Why

  • Electric-car startup Polestar bets you'd rather buy a car from your couch than go to a dealership

  • GGPI Stock: Get Ready for a Polestar SPAC Merger on June 23

  • Is Gores Guggenheim A Buy Ahead Of Its Merger With Polestar?

  • Gores Guggenheim Soars As Polestar Merger Approaches: Here's How The EV SPAC Looks

  • GGPI Stock Rebounds as Polestar Teases New EVs

  • Why GGPI Stock Is Down 25% in 2022 Ahead of Polestar SPAC Merger Vote

  • Gores Guggenheim May Be the Best SPAC Opportunity in the Last Three Years

  • Keep an Eye on Gores Guggenheim Stock, as it Gears Up for its EV Merger

  • Why Gores Guggenheim Stock Is Worth Buying Today

  • Polestar 3 SUV Premiere Coming This Year: What Investors Should Know

  • Why Are EV Stocks RIVN, LCID, GGPI, NKLA, FSR Down Today?

  • Realistic Delivery Guidance Should Fuel Gores Guggenheim Stock

  • Gores Guggenheim Stock Is an Electric Vehicle Play Worth Considering

  • Dear GGPI Stock Fans, Mark Your Calendars for June 22

  • GGPI Stock: Polestar's New StoreDot Partnership Could Accelerate the EV Revolution