Polestar raises approximately $890 million gross proceeds; begins trading June 24 on Nasdaq under ticker "PSNY" Polestar Performance AB and its affiliates ("Polestar" or the "Company"), the global pure play, premium electric performance car company, and Gores Guggenheim, Inc. ("Gores Guggenheim") (NASDAQ:GGPI, GGPIW and GGPIU))), a special purpose acquisition company ("SPAC") formed by affiliates of The Gores Group and Guggenheim Capital, LLC, announced today the completion of their previously announced business combination (the "Business Combination"). The combined company will retain the Polestar name and will commence trading on the Nasdaq under the new ticker symbol "PSNY" on June 24,

Business combination expected to close tomorrow, June 23, 2022 Polestar expected to begin trading on Nasdaq under ticker symbol "PSNY" on June 24, 2022 Gores Guggenheim, Inc. ("Gores Guggenheim" or the "Company") (NASDAQ:GGPI, GGPIU and GGPIW))), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC, announced that in a special meeting held today, its stockholders voted to approve the proposals required to complete its combination with Polestar Performance AB and its affiliates ("Polestar"), the global pure play, premium electric performance car company. Warrant holders also voted to approve the proposals presented at the meeting

Business combination expected to close June 23, 2022, Polestar expected to begin trading on Nasdaq under ticker symbol "PSNY" on June 24, 2022 Preliminary redemption elections reflect a 25% maximum, well-below current market average Stockholder and Warrant Holder Special Meetings to be held on June 22, 2022 Gores Guggenheim, Inc. ("Gores Guggenheim" or the "Company") (NASDAQ:GGPI, GGPIU and GGPIW))), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC, and Polestar, the Swedish electric performance car company, today announced they expect to close their business combination on June 23, 2022, subject to Gores Guggenheim sto

All Gores Guggenheim Stockholders are Strongly Encouraged to Vote before the Stockholder Special Meeting to be Held on June 22, 2022 All Gores Guggenheim Warrant Holders are Strongly Encouraged to Vote before the Warrant Holder Special Meeting to be Held on June 22, 2022 Gores Guggenheim, Inc. ("Gores Guggenheim" or the "Company") (NASDAQ:GGPI, GGPIU and GGPIW))), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC reminds stockholders to vote in favor of the approval of the Company's proposed business combination with Polestar, the Swedish electric performance car company (the "Business Combination"), and other proposals re

Over 32,000 customer orders globally for Polestar 2 since start of 2022; increase of 290% versus the same period in 2021 Polestar already operating in 25 global markets; well ahead of plan on being present in 30 by end of 2023 Nearly 130 retail locations open globally; with 30 more expected to open in 2022 Polestar 3 to be followed by Polestar 4 electric SUV coupe and Polestar 5 electric 4-door GT Polestar, the Swedish electric performance car brand, continues to deliver on its growth promise as it progresses towards a planned listing on the Nasdaq through a proposed business combination with Gores Guggenheim, Inc. (NASDAQ:GGPI, GGPIW, and GGPIU))), expected to close at the end of

"First glance" Polestar 5 prototype will drive up iconic Goodwood hill throughout event, from 23 June Global public debut for Polestar 2 BST edition 270; UK debut for Polestar electric roadster concept Polestar, the Swedish electric performance car company, is returning to the Goodwood Festival of Speed on 23 June 2022 and will debut a Polestar 5 prototype and the new high-performance, limited-edition Polestar 2 BST edition 270. Polestar's electric roadster concept and its existing product range will also be present. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220614005297/en/Polestar, the Swedish electric performance car

Car Design Awards recognises Polestar with prestigious Best Brand Design Language for 2022 Polestar 2 receives three awards from Auto Trader in UK, including New Car of the Year 2022 Record order intake sees over 32,000 orders and 290% increase year to date versus 2021 Polestar has won the 2022 Best Brand Design Language award at the prestigious international Car Design Awards. Polestar's Head of Design, Maximilian Missoni, received the Brand Design Language trophy at a ceremony held in Milan at the ADI Design Museum on 10 June. The award is presented for stand-out consistency and integration of a brand's formal design language across its complete product range. The jury of experts,

Polestar, the Swedish electric performance car manufacturer, has begun delivering new Polestar 2 electric cars to Hertz as part of the agreement announced in April 2022, under which Polestar will supply the global car rental giant with 65,000 cars over the next five years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220609005122/en/Polestar, the Swedish electric performance car manufacturer, has begun delivering new Polestar 2 electric cars to Hertz as part of the agreement announced in April 2022, under which Polestar will supply the global car rental giant with 65,000 cars over the next five years. (Photo: Business Wire) The

All Gores Guggenheim Stockholders and Warrant Holders are Strongly Encouraged to Vote before the June 22, 2022 Deadline Stockholder and Warrant Holder Special Meetings to be Held on June 22, 2022 The Company's Board of Directors Unanimously Recommends that Stockholders and Warrant Holders Vote "FOR" the Approval of the Business Combination and Warrant Amendment Gores Guggenheim, Inc. ("Gores Guggenheim" or the "Company") (NASDAQ:GGPI, GGPIU and GGPIW))), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC reminds stockholders and warrant holders to vote in favor of the approval of the Company's proposed business combinatio

Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company's first SUV. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220607005120/en/Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company's first SUV. (Photo: Business Wire) The launch of the car marks Polestar's entrance into one of the highest margin and growth segments in the automotive in