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home / news releases / GGPI - SPAC Series: Gores Guggenheim And Polestar Expected To Accelerate


GGPI - SPAC Series: Gores Guggenheim And Polestar Expected To Accelerate

  • Polestar is a global pure-play EV company with significant potential.
  • The company signed an agreement with GGPI SPAC to go public in a transaction valued at $20 billion.
  • Gores Group is a reputable sponsor with many successful completed de-spacing transactions and potential deals in the works.
  • Polestar is advanced in sales and production compared to competitors such as Rivian and Lucid, both valued at significantly higher multiples.
  • Polestar’s strategic business partnerships with Volvo and Geely will allow it to rapidly expand in the next few years.

For further details see:

SPAC Series: Gores Guggenheim And Polestar Expected To Accelerate
Stock Information

Company Name: Gores Guggenheim Inc. Unit
Stock Symbol: GGPI
Market: NASDAQ

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