Gores Stock News

Stock index futures are pointing to a higher open as President Joe Biden is expected to sign the infrastructure bill. Additionally, President Biden is scheduled to meet with President XI Jinping of Ch

Polestar Performance AB and affiliates, with Gores Guggenheim, Inc. (NASDAQ: GGPI) has reported entry into a definitive business combination agreement. At the close of the proposed business combination, the combined company will be held by a new public company named Polestar Automotive Holding UK Limited that will be listed on the NASDAQ exchange under the The post Polestar Signs Agreement to List Publicly Through Combination with Gores Guggenheim first appeared on Financial Buzz .

A leading electric vehicle company shared an update Monday morning. Here are the details investors should know. What Happened: A SPAC merger between Gores Guggenheim Inc (NASDAQ: GGPI) and electric v

A leading electric vehicle company shared an update Monday morning. Here are the details investors should know. What Happened: A SPAC merger between Gores Guggenheim Inc (NASDAQ: GGPI ) and electric vehicle company Polestar could be getting closer with the company announcing its F-4 statement filed. The companies expect the merger to close in the first half of 2022. The companies provided an update on how Polestar is faring in the electric vehicle market. Polestar has cars in 14 markets and plans to be in 30 markets by the end of 2023. Countries to be added in 2022 include Spain, Portugal, Ireland and Israel. The company has added 46 new retail locations in 2021, which includes 20 U.S. locations. New York City and Boston are among Full story available on Benzinga.com

Polestar Automotive Holding UK Ltd., the Swedish electric vehicle maker that is going public via a merger with special purpose acquisition corporation Gores Guggenheim Inc. , filed a registration/proxy statement with the Securities and Exchange Commission on Monday that offered an updated on its plans. The SPAC deal is expected to close in the first half of 2022, at which point Polestar shares will trade on Nasdaq. The company said it expects to be operating in 30 markets by the end of 2023 and is looking to expand sales to 290,000 vehicles by end-2025. The company started full-scale activity in 10 markets in 2020 and is now on the road in 14 markets. "Market expansion continues and in the first half of 2022, Spain, Portugal and Ireland are planned to be added to the European market footprint, with Israel planned to expand presence in the Middle East," the company said in a statement. The company''s Polestar 2, its first fully electric, high volume car, has had more than 110,000 test drives and more than 50 awards to date, while more than 2 million people have visited the company''s retail locations since it started deliveries in August of 2020.

A leading electric vehicle company shared an update Monday morning. Here are the details investors should know.

The stock price of Gores Guggenheim Inc (NASDAQ: GGPI) increased by over 14% pre-market today. This is why it happened.

Plenty of EV SPACs have come and gone promising to eventually produce a car. With GGPI stock, you get two great cars already in production.

GGPI stock keeps coming back to $10, but a breakout moment is inevitable as Polestar's retail network is expected to grow quickly. The post Test-Drive a New EV Start-Up with Gores Guggenheim Stock app

Polestar CEO says the electric vehicle startup is not a Tesla killer, but GGPI stock could still provide multi-bagger returns. The post Polestar SPAC Merger Makes Gores Guggenheim Stock a Hot Item app

Gores Guggenheim: Polestar Merger Should Entice EV Bulls

One of the top names in SPACs announced a ninth SPAC merger this week. The Gores Group led by chairman Alec Gores and CEO Mark Stone announced the deal between Gores Guggenheim Inc (NASDAQ: GGPI) and

Premium electric vehicle manufacturer Polestar has announced an agreement to go public through a combination with Gores Guggenheim Inc. ( GGPI , Financial). The Swedish EV manufacturer is valued at ap

Polestar is merging with Gores Guggenheim and GGPI stock is reacting well. Will the road ahead be smooth for Polestar stock?