Gores Technology Partners, Inc.

Gores Technology Partners, Inc.

GTPAU
Gores Technology Partners, Inc.US flagNASDAQ Capital Market
9.97
USD
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- -
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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
Edward W. Fike
Sector
Financial Services
Industry
Shell Companies
Address
6260 Lookout Road Boulder CO United States of America 80301
IPO Date
Mar 12, 2021
Website
gores.com
Business
Gores Technology Partners, Inc. operated as a special purpose acquisition company, sponsored by an affiliate of The Gores Group, LLC. Established in 2020 and headquartered in Boulder, Colorado, its primary objective was to facilitate a business combination, such as a merger or asset acquisition, with one or more enterprises. The company focused its search on technology businesses across sectors like consumer internet, enterprise software, fintech, digital health, proptech, gaming, agtech, and logistics. Following an initial public offering in March 2021 that raised approximately $275 million, the company subsequently filed a preliminary proxy statement in November 2022 to seek stockholder approval for its liquidation. This decision was based on the determination that completing a suitable merger had become highly improbable, leading to the return of capital to shareholders by the end of 2022.