Gores Holdings VII, Inc. announced the pricing of its upsized $480 million IPO this morning and its units are expected to begin trading on the Nasdaq under the symbol “GSEVU,” Tuesday, February 23.

Gores Holdings VII intends to focus on a diverse number of sectors that capitalize on this teams’ strengths and expertise. The company is led by Chairman Alec Gores and Chief Executive Officer Mark Stone.

Het totale aantal SPAC-deals voor 2021 tot nu toe is nu 166. Dit aanbod zal naar verwachting op donderdag 25 februari worden afgesloten.

Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC are acting as joint book-running managers of the offering. Weil, Gotshal & Manges LLP is serving as Issuer’s Counsel with Ropes  & Gray LLP serving as Underwriter’s Counsel. KPMG LLP serves as auditor. Computershare Trust Company, N.A. treedt op als trustee.