RIVN - Is Gores Guggenheim A Buy Ahead Of Its Merger With Polestar?

• GGPI shareholders will be voting on its proposed merger with Swedish EV maker Polestar on Wednesday, June 22.
• Upon approval of the transaction, Polestar could be making its debut on Nasdaq under the ticker "PSNY" as soon as later this week.
• The stock is currently trading at its implied transaction enterprise value with no post-close premium in sight, a rare occurrence compared to blockbuster EV IPOs observed in the past two years.
• GGPI remains attractive at current levels, considering Polestar's growth prospects buoyed by key near-term catalysts that include the launch of its flagship SUV later this year, and continued expansion across core EV regions later this year.

For further details see: