Stock and warrants in Gores Guggenheim may be separately traded starting tomorrow, May 13, the SPAC said.
Units not separated will continue to trade on the Nasdaq under GGPIU, and the Class A common stock and warrants that are separated will trade under GGPI and GGPIW, respectively.
Gores Guggenheim raised $800 million in an IPO last month. The SPAC’s potential targets may include companies in industrials, technology, telecommunications, media and entertainment, business services, healthcare, financial services and consumer products. Read more.