The deal was first announced on Sept. 27, 2021. The GGPI SPAC, which already has $800 million in cash on its balance, agreed to a reverse merger with an existing electric car maker, Polestar. In ...
Special purpose acquisition companies, or SPACs, have cooled from their highs in 2021. However, the electric vehicle (EV) maker Gores Guggenheim’s (NASDAQ:GGPI) stock may be the diamond in the rough.
Gore Guggenheim (NASDAQ:GGPI), a special purpose acquisition company (SPAC), is set to merge with Swedish electric vehicle (EV) maker Polestar. The deal is not expected to close until sometime in the ...
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