Gores Holdings VIII, Inc. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Boulder, Colorado.
IPO Year: 2021
Exchange: NASDAQ
Website: gores.com
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Gores Holdings VIII, Inc. (the "Company") (NASDAQ:GIIXU, GIIX and GIIXW))) today announced that it filed a definitive proxy statement relating to a special meeting of stockholders to approve (i) an amendment to the Company's amended and restated certificate of incorporation (the "Charter") and (ii) an amendment to the Investment Management Trust Agreement, dated March 1, 2021, by and between the Company and Computershare Trust Company, N.A., as trustee (such proposals together, the "Proposals"), which together would, if implemented, allow the Company to redeem all of its outstanding shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock") and units comprised
Gores Holdings VIII, Inc. (NASDAQ:GIIX, GIIXW, GIIXU))) (the "Company") announced today that on December 5, 2022, the Company filed a preliminary proxy statement to seek stockholder approval to adopt an amendment to its Amended and Restated Certificate of Incorporation ("Charter") to allow the Company to redeem all of its outstanding public shares and liquidate before December 31, 2022, in advance of the automatic termination date in its current Charter of March 1, 2023. Following the termination of the Company's Agreement and Plan of Merger with Footprint International Holdco, Inc. ("Footprint"), the Company believes that consummation of a suitable merger is highly improbable. Furthermore
Footprint, a global materials science technology company focused on creating a healthy planet, and Gores Holdings VIII, Inc. ("Gores Holdings VIII") (NASDAQ:GIIXU, GIIX and GIIXW))), today announced they have mutually agreed to terminate their previously announced Merger Agreement effective immediately. The termination of the Merger Agreement is the result of current unfavorable conditions in the public markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221205005268/en/ Don Thompson, Chairman of the Footprint Board, commented, "Footprint remains focused on delivering innovative and environmentally-friendly solutions for our
Footprint, a global materials science technology company focused on creating a healthy planet, was named to Fast Company's Brands That Matter in 2022 list, recognizing companies leading on social action, sustainability, inclusivity, and fun. Among the 144 companies on the list, Footprint was distinguished as one of 18 that stood out specifically for the unique ways they are taking their customers, their immediate communities, and the health of the planet into account. "We are thrilled to be included in Fast Company's distinguished Brands That Matter list alongside so many innovative and impactful companies. This is a testament to the hard work of our employees who show up every day focused
Partnership aims to replace f'real's signature dairy cup with Footprint's fiber-based solutions Footprint, a global materials science technology company focused on creating a healthy planet, today announced a partnership with f'real foods, the purveyors of on-the-go, blend-it-yourself (BIY) shakes and smoothies, under which the companies will leverage Footprint's fiber-based solutions to develop a sustainable replacement for f'real's signature dairy cup. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221018005430/en/Footprint, a global materials science technology company focused on creating a healthy planet, and f'real foods, t
Multi-year agreement with Footprint supports SAMBAZON's sustainable packaging initiative Footprint, a global materials science technology company focused on creating a healthier planet, announced today a multi-year agreement to develop sustainable packaging for SAMBAZON, a leading supplier of certified fair trade and organic açaí. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221011005249/en/Footprint designs, develops and manufactures sustainable packaging for SAMBAZON's ready-to-eat açaí bowls with its plant-based fiber technology (Graphic: Business Wire) The partnership will leverage Footprint's proprietary technology to bri
Footprint, a global materials science technology company focused on creating a healthier planet, released a case study highlighting its recent development of a custom plant-based fiber tray to package the GilletteLabs Razor with Exfoliating Bar. Gillette, the world's leading expert in men's grooming and a core brand in the portfolio of multinational consumer goods corporation Procter & Gamble (P&G), became the first brand to implement Footprint's new color-based molded fiber in its packaging. The plastic-free, certified recyclable tray from Footprint supports Gillette's goal to achieve 100% recyclable packaging by 2030, as well as Footprint's goal to create a healthier planet. This press re
Footprint continues to perform strongly with continued revenue growth and robust capacity expansion year-to-date Company secures approximately $300 million standby equity facility available upon the closing of the transaction; receives approval for a $280 million facility to fund equipment purchases through 2023 year-end Koch Strategic Platforms, Gores Sponsor VIII LLC and certain other investors agree to accelerate funding of respective investments to ensure continued business momentum, resulting in approximately $290 million of capital prior to close Combination of the $290 million of capital with PIPE proceeds, standby equity facility, cash in trust, and initial equipment financin
The Inno Fire Awards honor the companies and people setting the local innovation economy ablaze Footprint, a global materials science technology company focused on creating a healthy planet, today announced its selection as a 2022 Inno Fire Award winner. Presented by BlueCross BlueShield of Arizona, the inaugural Inno Fire Awards honor some of the fastest growing and most innovative and impactful startup companies in Arizona. Footprint won in the Inno Picks category, which recognizes companies that stand out as feisty examples of startups that are setting the stage for a fast-track future. Nominees were evaluated by the milestones achieved over the last 12 months, funding rounds, market s
Strong revenue delivery with Q1 revenue up 133% from prior year, in addition to strong revenue against 2022 plan Annual revenue under contract remains on track to grow to $924 million by the end of 2022 Expanded capacity over four times vs. 2021 with the addition of 1.2 million square feet at Mexicali site Footprint, a global materials science technology company focused on creating a healthier planet through the design, development and advanced manufacturing of plant-based biodegradable, compostable and recyclable solutions to replace single- and short-term use plastics, today reported a strong start to 2022 with record revenue growth and expanded capacity. Performance Footprint de
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