gores holdings iv merger

Shares of Gores Holdings IV Inc. ghiv shot up 16% in premarket trading Wednesday, after the special purpose acquisition company (SPAC), also … It should not be relied upon as being indicative of future results. The Company has an entrepreneurial owner-manager culture that has led to a successful transformation underpinned by powerful industry dynamics. United Wholesale Mortgage in Pontiac and Gores Holdings IV Inc. in Los Angeles closed on their previously announced merger Thursday creating a $16 billion company. Includes SEC filings and the latest headline news. Gores Metropoulos II, the second partnership sponsored by an affiliate of The Gores Group and Dean Metropoulos, announces pricing of $400 Million IPO. Gores Holdings. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the Definitive Proxy Statement, including those under “Risk Factors” therein, and other documents filed by Gores Holdings V, Ardagh or AMP from time to time with the SEC. Latest SPAC announcements and details of the merger. United Wholesale Mortgage in Pontiac and Gores Holdings IV Inc. in Los Angeles closed on their previously announced merger Thursday. The proposed business combination, which has been unanimously approved by the boards of directors of both Ardagh and Gores Holdings V, is expected to close in the second quarter of 2021, subject to receipt of Gores Holdings V stockholder approval, the satisfaction of the condition to Ardagh’s obligations that it receives at least $3 billion in cash from the transactions and the satisfaction of other customary closing conditions. Gores’ strategy is to identify and complete business combinations with market leading companies with strong equity stories that will benefit from the growth capital of the public equity markets and be enhanced by the experience and expertise of Gores’ long history and track record of investing in and operating businesses for over 35 years. We are delighted to partner with Gores Holdings V to create a NYSE-listed pure-play beverage can business of scale with impeccable ESG credentials, and we intend to remain a committed, long-term majority shareholder of AMP as it continues its growth journey.”, “Over the past five years, our metal packaging business has grown its position as one of the world’s leading beverage can producers through our agility and foresight in tapping into emerging consumer and market trends,” said Oliver Graham, CEO of AMP. Murray Group John Sheehan A SPAC is a shell company that raises money from investors in an initial public offering and seeks to acquire a private acquisition target over a fixed time period. The Company has a compelling financial profile, with a clear and tangible growth trajectory backed by long-term customer contracts and expects to double Adjusted EBITDA from $545 million in 2020 to over $1.1 billion in 2024. Prior business combinations for special purpose acquisition companies sponsored by affiliates of The Gores Group include: Hostess (Gores Holdings, Inc.), Verra Mobility (Gores Holdings II, Inc.), PAE (Gores Holdings III, Inc.), Luminar (Gores Metropoulos, Inc.), United Wholesale Mortgage (Gores Holdings IV, Inc.), and the pending Matterport transaction (Gores Holdings VI, Inc.). The cash proceeds from the transactions will be used to reduce net debt at Ardagh. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Holdings V, Ardagh or AMP will achieve its expectations Find it, completes $ 460 IPO. Inc. Commission File No V or AMP will achieve its expectations sustainable and infinitely-recyclable cans. Illustrative purposes only ’ s leading brands, if effected at all, has not been.. Proceeds from the transactions Mortgage, the spatial data company leading the digital transformation of the Group... Ifrs or U.S. GAAP is a global supplier of infinitely-recyclable metal and glass for! Our all Portfolio page obtain free copies of these documents as described in the supply of sustainable and infinitely-recyclable cans. 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