Gores Guggenheim

Gores Guggenheim, Inc. is a blank check company. Its purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on December 21, 2020 and is headquartered in Boulder, CO. Redemption Price: 10. Warrant Coverage: 1/5.

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Gores Guggenheim, Inc. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on December 21, 2020 and is headquartered in Boulder, CO.

The Special Purpose Acquisition Company (SPAC) begins trading publicly. During this phase the SPAC looks for a target company to merge with or acquire.

PREVIOUS PHASE

The SPAC announces which company it will be acquiring (and taking public).

CURRENT PHASE

Investors and shareholders will meet to approve the acquisition.

NEXT PHASE

It's true the SPAC market landed and overheated just at the tail end of the tech boom, but GGPI stock shows there are SPACs with promise. The post Gores Guggenheim Stock Makes Speculative Sense Here appeared first on InvestorPlace.

Gores Guggenheim Stock Makes Speculative Sense Here

MAHWAH, N.J.--(BUSINESS WIRE)--Polestar, the premium electric performance car maker, today opened a new retail location – known as a Polestar Space – in Scottsdale, Arizona. The new showroom offers sales, service, and test drives of the all-electric Polestar 2 performance fastback. Polestar Scottsdale is located in the Scottsdale Fashion Square Mall at 7014 East Camelback Road, and is operated by Courtesy Automotive. As the company's first retail location in Arizona, Polestar Scottsdale gives ‘

Polestar Cars Moves Into Permanent Home in Scottsdale, Arizona

Polestar (GGPI stock) could rise over 91% higher at $23.73 based on a comparable valuation with Tesla when the reverse merger closes. The post When EV Maker Polestar Goes Public This Quarter Its Stock Could Get a Nice Boost appeared first on InvestorPlace.

When EV Maker Polestar Goes Public This Quarter Its Stock Could Get a Nice Boost

The SPAC is expected to merge with luxury EV maker Polestar soon.

Is Gores Guggenheim a Buy?

Tesla

Storm clouds are hanging over Wall Street, but the forecast looks great, off and on the price chart, for these electric vehicle stocks. The post 3 Electric Vehicle Stocks Making Bullish (and Sustainable) Moves appeared first on InvestorPlace.

3 Electric Vehicle Stocks Making Bullish (and Sustainable) Moves

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EV stocks are in the spotlight following an impressive Q1 delivery figure from Tesla. News from GGPI, LCID and QS has helped as well.

EV Stocks News: Why Are TSLA, GGPI, QS, FSR, RIDE, LCID, RIVN Stocks Up Today?

Sub-$10 prices might be ancient history for GGPI stock as an audacious EV maker inks a headline-grabbing five-year delivery deal. The post A Supersized Vehicle Order Puts Gores Guggenheim in the Pole Position appeared first on InvestorPlace.

A Supersized Vehicle Order Puts Gores Guggenheim in the Pole Position

Hertz

You'll be able to rent the impressive Polestar 2 as soon as this spring through Hertz.

Polestar's 65,000-car deal with Hertz could show people Tesla isn't the only electric car worth buying

Hertz will initially order the Swedish electric vehicle maker's Polestar 2 sedan, which starts at a manufacturer's suggested retail price of $38,400 after a federal tax credit.

Hertz to buy up to 65,000 Polestar electric vehicles over next 5 years

Hertz has agreed buy up to 65,000 Polestar electric vehicles over five years, a deal that will help the rental giant electrify its fleet and give the EV automaker access to a wider market, including corporate customers and ride-hailing drivers. Hertz, which went through a reorganization after filing for bankruptcy protection in May 2020, is […]

Thousands of rentable Polestar EVs to land on Hertz lots

Shares of Hertz Global Holdings Inc (NASDAQ: HTZ) are up 10% on Monday after the car rental company announced a big deal with the Swedish EV maker, Polestar. Hertz to buy 65,000 Polestar vehicles Hertz said it will buy 65,000 electric vehicles from Polestar over the next five years.

Hertz just announced a big deal with a Swedish EV startup

Polestar stock is skyrocketing this morning after a 65,000 EV order from Hertz was confirmed. The order will bring in $3 billion for Polestar.

Why Is Polestar (GGPI) Stock Up Today?

Swedish electric car maker Polestar is selling up to 65,000 electric vehicles to Hertz over the next five years, the companies announced Monday.

Hertz to buy up to 65,000 electric cars from Polestar

Gores Guggenheim Inc (NASDAQ: GGPI) shares are trading higher Monday after Polestar announced an agreement with Hertz Global Holdings Inc (NASDAQ: HTZ). Polestar is expected to go public via SPAC merger with Gores Guggenheim in the second quarter.

Why Gores Guggenheim Shares Are Rising Today

Hertz will begin making Polestar's EVs available in its Europe rental fleet soon, and in the United States by the end of 2022.

EV startup Polestar signs deal to supply up to 65,000 vehicles to Hertz

Rental car firm Hertz Global Holdings said on Monday it would buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar.

Hertz to add up to 65,000 Polestar electric vehicles to its catalog

Car rental company Hertz Global Holdings Inc. HTZ, -4.65% and Swedish electric vehicle company Polestar announced a global partnership on Monday that includes the purchase of up to 65,000 EVs over five years. The first are expected to be available in Spring of 2022 in Europe and late 2022 in North America and Australia, the companies said in a joint statement.

Hertz to purchase up to 65,000 EVs from Sweden's Polestar over 5 years as it works to speed up electrification

Hertz to purchase up to 65,000 electric vehicles over five years ESTERO, Fla. and GOTHENBURG, Sweden , April 4, 2022 /PRNewswire/ -- Hertz (NASDAQ: HTZ) and Polestar, the Swedish premium electric performance car maker, today announced a new global partnership that includes purchasing up to 65,000 electric vehicles (EVs) over five years.

Hertz and Polestar Announce Global Strategic Partnership to Accelerate Electric Vehicle Adoption

Polestar recently launched the Polestar 2 a direct competitor to Tesla's Model 3. Here's why GGPI stock might be a long-term winner.

Why Polestar Might Be a Legitimate Long-Term Competitor to Tesla

While outside factors bolster the case of GGPI stock and other EV players, the shifts in consumer economics also present concerns. The post Gores Guggenheim May be Stuck in Neutral Amid Tough Conditions appeared first on InvestorPlace.

Gores Guggenheim May be Stuck in Neutral Amid Tough Conditions

GGPI stock is interesting ahead of its merger with Polestar, which already has strong sales figures and standout EV models. The post Polestar's High-Performance EVs Make Gores Guggenheim Worth Your Attention appeared first on InvestorPlace.

Polestar's High-Performance EVs Make Gores Guggenheim Worth Your Attention

GGPI stock is suffering due to geopolitical tensions and the macroeconomic environment, but Polestar is still one of the best EV prospects. The post Gores Guggenheim Is a Standout EV Play With Polestar's Strong Deliveries appeared first on InvestorPlace.

Gores Guggenheim Is a Standout EV Play With Polestar's Strong Deliveries

There are macro risks to be certain, but investors can unlock value in EV play GGPI stock both off and on the price chart. The post Is Gores Guggenheim Really a Lost Cause?

Is Gores Guggenheim Really a Lost Cause?

A GGPI stock pullback may be bad news for traders, but an opportunity to double-down for those treating it as a long-term EV play. The post Gores Guggenheim Is a Solid Long Term EV Play at $11 appeared first on InvestorPlace.

Gores Guggenheim Is a Solid Long Term EV Play at $11

Polestar announced that it has begun deliveries of EVs in Australia. With that in mind, let's take a look at who's betting big on GGPI stock.

News for Gores Guggenheim Stock (GGPI)