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Gores Holdings VII Priced, Nasdaq: GSEVU

Seventh blank check company formed by The Gores Group.

Industry: SPAC

Latest Trade: $10.40 0.00 (0.0%)

First Day Return: +6.0%

Return from IPO: +4.0%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an acquisition opportunity in any business industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business that can benefit from our operational expertise, as members of our management team have done in diverse sectors, including industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products. This operationally-oriented investment approach has served The Gores Group well since its founding in 1987. We believe that our management team is well positioned to identify operationally-oriented acquisition opportunities in the marketplace and that our contacts and transaction sources, ranging from owners and directors of private and public companies, private equity funds, investment bankers, lenders, attorneys, accountants and other trusted advisors across various sectors, will allow us to generate attractive acquisition opportunities. Our team is led by Alec Gores, our Chairman, who has more than 35 years of experience as an entrepreneur, operator and private equity investor. Over the course of his career, Mr. Gores and his team have invested in more than 120 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy.
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IPO News for Gores Holdings VII
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IPO Data
IPO File Date 01/20/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 48.0
Deal Size ($mm) $480
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 48.0
Deal Size ($mm) $480
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Boulder, CO
Founded 2020
Employees 3
Website www.gores.com