Gores Holdings VII, Inc.
GSEV
NASDAQ Capital Market10.00
USD
- -
- -
CIK
0001828096
ISIN
US38286T1016
CUSIP
38286T101
Return %
Stock
S&P500
1Y
2.35
26.53
3Y
1.52
76.60
5Y
1.52
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Mark R. Stone
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6260 Lookout Road Boulder CO United States of America 80301
- IPO Date
- Apr 15, 2021
- CIK
- 0001828096
- Website
- gores.com
- Similar Companies
- Business
- Gores Holdings VII, Inc. (GSEV) operates as a blank check company whose purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets; it currently conducts no significant operations. Sponsored by an affiliate of The Gores Group, LLC, the company focuses on targets across industrials, technology, telecommunications, media and entertainment, business services, healthcare, and consumer products. Incorporated in 2020 and headquartered in Boulder, Colorado, Gores Holdings VII completed a $550 million initial public offering in February 2021. In November 2022, the company filed a preliminary proxy statement seeking stockholder approval to amend its charter and liquidate before December 31, 2022, ahead of its automatic termination date of February 25, 2023, citing adverse market conditions including high SPAC redemptions, regulatory uncertainty, and a deteriorated PIPE market that made completing a business combination improbable. The liquidation returned capital to shareholders, marking the cessation of its operations as a SPAC without achieving a de-SPAC transaction.
Gores Holdings VII, Inc. Files Preliminary Proxy Statement to Obtain Stockholder Approval to Liquidate in 2022
SPAC Series: Going Green With Gores Holdings
Gores Holdings VII, Inc. Receives Expected Notice from Nasdaq Regarding Delayed Quarterly Report
Gores Holdings VII, Inc. Completes $550 Million Initial Public Offering
Gores Holdings VII, Inc. Announces Pricing of Upsized $480 Million Initial Public Offering