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Gores Guggenheim (GGPIU)

Sector - SPAC

Price chart

Return from IPO

Last SPACs News

IPO Profile

About company

They are a newly organized blank check company. Their sponsor is jointly controlled by affiliates of each of The Gores Group and Guggenheim. While they may pursue an acquisition opportunity in any business industry or sector, they intend to capitalize on the ability of their management team to identify, acquire and manage a business that can benefit from their expertise, as members of their management team have done in diverse sectors, including industrials, technology, telecommunications, media and entertainment, business services, healthcare, financial services and consumer products. They believe that their management team is well positioned to identify high quality acquisition opportunities in the marketplace and that their contacts and transaction sources, ranging from owners and directors of private and public companies, private equity funds, investment bankers, lenders, attorneys, accountants and other trusted advisors across various sectors, will allow them to generate attractive acquisition opportunities. Their team is led by Alec Gores, their Chairman, Mark Stone, their Chief Executive Officer and Andrew Rosenfield, their President, who collectively have more than 125 years of experience as entrepreneurs, operators and private equity investors.
Blank Checks
Mark Stone Andrew McBride
Employees Founded
3 2020


Address: 6260 Lookout Road Boulder, Co 80301

Telephone: (303) 531-3100

Web page:

IPO information

First Trade Date 3/23/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
Share prices ($)

Shares & Volumes

Shares Initial (MM) 75
Shares Revised (MM) 75
Expected offer amount (MM) $750
Realized offer amount(MM) $750

Financial Data (last reporting year)

Market Cap (MM) $937.5
Revenues (MM) $0
Net Income (Loss) (MM) $0


What do you think will happen with the GGPIU share price after the next 3-6 months? 🔥 (+ 10% or more, flat (+ -10%), -10% or less)

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Deutsche Bank Securities/Citigroup/Morgan Stanley