Gores Holdings V, Inc.

Gores Holdings V, Inc.

GRSVU
Gores Holdings V, Inc.US flagNASDAQ Global Select
11.39
USD
+0.37
- -
6.81BMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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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
9800 Wilshire Boulevard Beverly Hills CA United States of America
IPO Date
Aug 6, 2020
Website
gores.com
Business
Gores Holdings V, Inc. (GRSVU) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant independent operations and a focus on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities; it was sponsored by an affiliate of The Gores Group, a Beverly Hills-based global investment firm. Incorporated in 2020 and headquartered at 9800 Wilshire Boulevard in Beverly Hills, California, the company raised $525 million in its initial public offering in August 2020, with proceeds held in trust for deployment in a target acquisition. In its principal transaction, Gores Holdings V completed a reverse merger with Ardagh Metal Packaging S.A., a provider of sustainable and infinitely recyclable beverage cans, on August 4, 2021, resulting in the combined entity listing on the New York Stock Exchange under the ticker AMBP, with Ardagh Group retaining an approximately 82% stake and gross proceeds of about $1.0 billion delivered to the metal packaging business. This business combination marked Gores Holdings V's primary strategic activity, aligning with The Gores Group's history of SPAC sponsorships across sectors including consumer goods, technology, and mobility, with no subsequent major developments, partnerships, funding rounds, or operational shifts reported for the entity as of late 2025.

Company News

APIChatGPT
  • Gores Holdings V’s Business Combination with Ardagh Metal Packaging Expected to Close August 4, 2021

  • Gores Holdings V Announces Planned Transfer of Listing to NYSE in Connection With Its Proposed Business Combination With Ardagh Metal Packaging

  • Gores Holdings V Announces Special Meeting Date

  • Ardagh Metal Packaging to Combine With Gores Holdings V and List on NYSE

  • Trading Only Slightly Above Redemption Value, Gores Holdings V Is Another Interesting SPAC

  • Gores Holdings V, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing September 28, 2020

  • Gores Holdings V, Inc. Completes $525 Million Initial Public Offering

  • Gores Holdings V, Inc. Announces Pricing of $475 Million Initial Public Offering