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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Kirkland Lake Gold (NYSE: KL ) stock is shining brighter on Monday following rumors that the company is planning to sell itself. Source: Shutterstock These Kirkland Lake Gold rumors come from IKN News and ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Meta Materials (NASDAQ: MMAT ) stock is on the move Monday as investors prepare to vote on its merger with Nanotech Security (OTCMKTS: NTSFF ). Source: Shutterstock.com The vote taking place will have sh...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Today begins a slower week for IPOs, but one exciting debut is quickly approaching. Swedish automaker Polestar announced a partnership with Gores Guggenheim (NASDAQ: GGPI ) this morning, and GGPI stock already shot ...
Merger activity and corporate guidance provided the key themes for Monday's pre-market trading. Acceleron Pharma (NASDAQ:XLRN) posted gains on reports that it was in talks to be acquired. Meanwhile, SPAC Gores Guggenheim (NASDAQ:GGPI) signed a deal with Polestar to take that company public. O...
Polestar is a global pure play, premium electric vehicle (“EV”) company based in Sweden, with a mission to produce progressive, electric performance cars designed and engineered without compromise Transaction implies an enterprise value of approximately USD 20 billio...
Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share. EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs represent...
Bloomberg recently reported that Gores Guggenheim would be taking EV maker, Polestar, public in a manner similar to the CCIV fiasco earlier this year. Polestar has strong ties to Geely and Volvo that lend it substantial legitimacy, giving it the power to propel GGPI to a similar boom ...
GGPI is a good speculative play on the rumour of merger discussions with Polestar, an electric vehicle company. Both the prospect of Polestar and the track record of the Gores Group as a Sponsor make GGPI a good investment choice. Investors in GGPI can participate in the potential...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors in Gores Guggenheim ( NASDAQ: GGPI ) certainly have had some interesting news to interpret as of late. Talks between GGPI and Polestar have made for intriguing SPAC (special purpose acquisition ...
Tramino/iStock Unreleased via Getty Images SPAC Gores Guggenheim (GGPI) rose 5.6% on a report that it's in discussions to take electric-car maker Polestar public in a deal that could value the EV company at more than $10B. A SPAC deal could happen as soon as this year, traders said,...
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Polestar raises approximately $890 million gross proceeds; begins trading June 24 on Nasdaq under ticker “PSNY” Polestar Performance AB and its affiliates (“Polestar” or the “Company”), the global pure play, premium electric perf...
Business combination expected to close tomorrow, June 23, 2022 Polestar expected to begin trading on Nasdaq under ticker symbol “PSNY” on June 24, 2022 Gores Guggenheim, Inc. (“Gores Guggenheim” or the “Company”) (NASDAQ: GGP...