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The Gores Group's SPAC Gores Holdings VIII prices $300 million IPO
Gores Holdings VIII, the eighth blank check company formed by The Gores Group, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-eighth of a warrant, exercisable at $11.50. The company is led by Chairman Alec Gores, the founder and CEO of The Gores Group, and ...read more
The Gores Group's eighth SPAC Gores Holdings VIII files for a $300 million IPO
Gores Holdings VIII, the eighth blank check company formed by The Gores Group, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering. The Boulder, CO-based company plans to raise $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-eighth of a warrant, exercisable at $11.50. At the proposed...read more