- 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