Gores Guggenheim, Inc

General Information
Business:

Our sponsor is jointly controlled by affiliates of each of The Gores Group and Guggenheim. (This blank-check company or SPAC was incorporated in the Cayman Islands.)

We intend to capitalize on the ability of our management team to identify, acquire and manage a business that can benefit from our expertise, as members of our management team have done in diverse sectors, including industrials, technology, telecommunications, media and entertainment, business services, healthcare, financial services and consumer products.

Alec Gores is the founder, chairman and CEO of The Gores Group, a global investment firm focused on acquiring businesses that can benefit from the firm’s extensive industry knowledge and decades-long experience. In 2015, Mr. Gores launched the first blank check company sponsored by an affiliate of The Gores Group, which subsequently completed a business combination with Hostess Brands, Inc., famous for its Twinkies cupcakes.

Guggenheim Partners is a global investment and advisory firm with more than $310 billion in assets under management and a track record of delivering results through innovative solutions.

(Note: Gores Guggenheim, Inc. priced its SPAC IPO on March 22, 2021, in sync with the terms in its prospectus: 75 million units at $10 each to raise $750 million.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2020
Contact Information
Address 6260 Lookout Road Boulder, CO 80301
Phone Number (303) 531-3100
Web Address
View Prospectus: Gores Guggenheim, Inc
Financial Information
Market Cap $937.5mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol GGPIU
Exchange NASDAQ
Shares (millions): 75.0
Price range $10.00 - $10.00
Est. $ Volume $750.0 mil
Manager / Joint Managers Deutsche Bank Securities/Citigroup/Morgan Stanley
CO-Managers -
Expected To Trade: 3/23/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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