Gores Metropoulos II, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alec Elias Gores
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6260 Lookout Road Boulder CO United States of America 80301
- IPO Date
- Mar 15, 2021
- CIK
- 0001819395
- Website
- gores.com
- Similar Companies
- Business
- Gores Metropoulos II, Inc. operates as a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Founded in 2020 and headquartered in Boulder, Colorado, the company primarily targets acquisitions in the consumer products and services industry but may consider opportunities in other sectors that align with management’s operating experience. Its core business involves raising capital through public offerings to finance business combinations that create value in partnership with portfolio companies. In a significant recent development, Gores Metropoulos II completed a reverse merger transaction with Sonder Holdings Inc. in January 2022, effectively transferring its investment focus to this next-generation hospitality brand. Sonder operates worldwide, offering enhanced hospitality services including short-term rentals and extended stays with a focus on innovation in travel and lodging experiences. Since the merger, Sonder has expanded its geographic footprint by launching operations in France, the Middle East, and Mexico, and introduced a corporate travel offering to capture new business traveler segments. Operationally, the company has also secured substantial capital investments, including additional funding rounds from affiliates of Gores Metropoulos II, aiming to accelerate its growth strategy and digital platform integration. This positions Gores Metropoulos II as a strategic investor specializing in transformational mergers within innovative consumer service industries, backed by the investment expertise of The Gores Group and Dean Metropoulos. The company maintains active involvement in its portfolio's growth and operational pivots post-merger while seeking future value-creating opportunities. This description captures the company's main products and services as a blank check and merger facilitator with a notable investment in Sonder Holdings' hospitality services, along with its major recent changes such as the merger completion, geographic expansions, corporate travel launch, and strategic capital raises completed in the last 1-2 years. The company operates under the Nasdaq ticker GMIIW and leverages the extensive experience of its leadership in business acquisitions and growth investments.
Sonder Holdings Inc. and Gores Metropoulos II Announce Closing of Business Combination
Sonder Holdings Inc. desarrolla un negocio de viajes corporativos con más de 100 cuentas nuevas
Sonder Holdings Inc. Builds Corporate Travel Business With +100 New Accounts
Sonder Holdings Inc. observa ingresos sólidos constantes por habitación disponible y niveles de ocupación con los viajeros de la víspera de Año Nuevo
Sonder Holdings Inc. Sees Continued Strong Revenue Per Available Room and Occupancy Levels With New Year’s Eve Travelers
Sonder Holdings Inc. étend ses activités au Canada avec de nouveaux emplacements à Montréal et à Toronto
Sonder Holdings Inc. Expands Canadian Operations With New Properties in Montreal and Toronto
Sonder Holdings Inc. and Gores Metropoulos II, Inc. Announce Effectiveness of Registration Statement and Special Meeting to Approve Business Combination
Sonder Holdings Inc. and Gores Metropoulos II, Inc. Announce Additional Committed Capital to Fully Fund Business Plan and Strategic Revision of Transaction Terms
Sonder Holdings Inc. Expands into France with Addition of Paris Champs-Elysées Property
Sonder Holdings Inc. s’implante à Paris sur les Champs-Élysées
Sonder Holdings Inc. designa a la ejecutiva de asesoramiento en hotelería Gilda Perez-Alvarado para la Junta Directiva
Sonder Holdings Inc. Appoints Hospitality Advisory Executive Gilda Perez-Alvarado to Board of Directors
Sonder Holdings Inc. Continues to Build World Class Board of Directors in Preparation for Public Listing
Sonder Holdings Inc. to Expand Middle East Presence with Two New High-Rise Towers in Downtown Dubai
Sonder Holdings Inc. Reports Record Revenue for Q2 and Raises FY 2021 Revenue Outlook
Sonder Holdings Inc. Reports Strong First Quarter 2021 Results Driven by Rapidly Increasing Travel Demand and Continued Operational Excellence
Sonder, a Next-generation Hospitality Company, to Be Publicly Listed Through Combination With Gores Metropoulos II
Gores Metropoulos II, Inc. Announces Pricing of $400 Million Initial Public Offering