Spatial data company Matterport and Gores Holdings VI today announced the completion of their business combination. Matterport will begin trading tomorrow on the Nasdaq under MTTR. The deal was approved at a stockholders meeting Tuesday.
Matterport said it raised nearly $605 million in gross proceeds on the deal, a post-transaction enterprise value of approximately $2.3 billion and equity value of $2.9 billion. Read more.
