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Olestar And Gores Guggenheim, Inc. Announce Closing Of Business Combination
Shares of special purpose acquisition company Gores Guggenheim Inc (NASDAQ:GGPI) are moving higher Thursday after shareholders approved its proposed business combination with Swedish EV company Polestar. During the company's special meeting on Wednesday, shareholders voted to approve the proposals required to complete the business combination. Warrant holders also voted to approve the proposals presented at the meeting of the company's warrant holders. As a result, the closing of the merger is expected to occur Thursday. Polestar is expected to begin trading on the Nasdaq on Friday under the ticker symbol "PSNY." Polestar is a premium electric performance car company. Its vehicles are cur
4 - Gores Guggenheim, Inc. (0001847127) (Issuer)
4 - Gores Guggenheim, Inc. (0001847127) (Issuer)
4 - Gores Guggenheim, Inc. (0001847127) (Issuer)
SC 13G/A - Gores Guggenheim, Inc. (0001847127) (Subject)
SC 13G - Gores Guggenheim, Inc. (0001847127) (Subject)
SC 13G/A - Gores Guggenheim, Inc. (0001847127) (Subject)
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
15-12G - Gores Guggenheim, Inc. (0001847127) (Filer)
8-K - Gores Guggenheim, Inc. (0001847127) (Filer)
8-K - Gores Guggenheim, Inc. (0001847127) (Filer)