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The Gores Group's SPAC Gores Technology Partners II prices $400 million IPO
Gores Technology Partners II, the tenth blank check company formed by The Gores Group targeting a tech business, raised $400 million by offering 40 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 second tech SPAC Gores Technology Partners II files for a $400 million IPO
Gores Technology Partners II, the tenth blank check company formed by The Gores Group targeting a tech business, filed on Tuesday with the SEC to raise up to $400 million in an initial public offering. The Boulder, CO-based company plans to raise $400 million by offering 40 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant,...read more