RIVN - What You Need To Know Ahead Of The Upcoming GGPI-Polestar Merger

• Gores Guggenheim ("GGPI") announced its planned de-SPAC transaction with Volvo- and Geely-backed electric vehicle maker Polestar last year.
• The transaction is expected to close in the first half of 2022.
• The GGPI stock continues to trade at a discount to other EV pureplays, despite already-contracted valuation multiples across the board amid a risk-off market environment fueled by mounting macroeconomic headwinds.
• Considering Polestar's operational efficiency and asset light advantage compared to other pre-revenue and early-stage production ramp EV peers, as well as its longer-term fundamental growth prospects, GGPI's stock will likely see renewed upside momentum ahead of a valuation re-rate event post-merger.

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