Gores Technology Partners Files for $240M IPO

The Gores Group

Gores Technology Partners today registered with the SEC to offer 24 million units at $10 each.

In the filing the new SPAC from The Gores Group said it plans to target technology business in the consumer internet, enterprise software, fintech, digital health, proptech, gaming, agtech, and logistics industries, “but may also pursue acquisition opportunities in any business industry or sector, which complements our management team’s operating experience.” 

Also today, The Gores Group registered Gores Technology Partners II for an offering of 40 million units at $10 each to raise $400 million. That new SPAC would target many of the same sectors.

The SPAC intends to list on the Nasdaq under GTPAU. Read more.

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