Gores Technology Partners II Files for $400M IPO

The Gores Group

Gores Technology Partners II filed with the SEC today to raise $400 million by offering 40 million units at $10 each.

The SPAC in the filing said it would “search for a 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 filed for new SPAC Gores Technology Partners to offer 24 million units in a planned $240 million raise. That SPaC would target many of the same sectors as Gores Tech II.  

The SPAC plans to apply for a Nasdaq listing under GTPBU. Read more.

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