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The Gores Group's SPAC Gores Technology Partners prices $240 million IPO
Gores Technology Partners, the ninth blank check company formed by The Gores Group targeting a tech business, raised $240 million by offering 24 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company is led by Chairman Alec Gores, the founder and CEO of The Gores Group,...read more
The Gores Group's tech SPAC Gores Technology Partners files for a $240 million IPO
Gores Technology Partners, the ninth blank check company formed by The Gores Group targeting a tech business, filed on Tuesday with the SEC to raise up to $240 million in an initial public offering. The Boulder, CO-based company plans to raise $240 million by offering 24 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant,...read more