GGPI - SPAC Series: Going Green With Gores Holdings
- GSEV is a good speculative play on the rumor of merger discussions with Footprint, a company that designs, develops, and manufactures plant-based fiber solutions to eliminate single-use plastics.
- Footprint has the ability to capture investor interest as a highly visible and environmentally impactful company aligned with the global government and corporate pursuit for sustainability.
- The Gores Group has a strong track record as a SPAC Sponsor.
- Investors in GSEV can participate in the potential upside of an initial public listing with limited downside due to the SPAC redemption feature and GSEV trading below $10.
For further details see:
SPAC Series: Going Green With Gores Holdings