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-0.00286806883365212 -0.00286806883365212 -0.00286806883365212 -0.00286806883365212 0.00334608030592736 -0.000879541108986604 0.0038240917782026 0.0038240917782026
Stock impact report

Gores Holdings IV, Inc. Completes $425 Million Initial Public Offering

Gores Holdings IV, Inc. (GHIVU) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Gores Holdings IV, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 42,500,000 units, which includes 2,500,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $425,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by the Company.The Company’s units began trading on the Nasdaq Capital Market under the ticker symbol “GHIVU” on January 24, 2020. Each unit consists of one share of the Company’s Class A common stock and one-fourth of one Show less Read more
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