Gores Technology Partners II priced its IPO of 40 million units at $10 each.
Units begin trading today on the Nasdaq under GTPBU. Each consists of one share of Class A common stock and one-fifth of one warrant. Each whole warrant is exercisable at $11.50 to purchase a share. Once the securities comprising the units begin separate trading, the stock and warrants are expected to list on the Nasdaq under GTPB and GTPBW, respectively.
The SPAC said it would “search for a target technology business in the consumer internet, enterprise software, fintech, digital health, proptech, gaming, agtech, and logistics industries.” Read more.
