Gores Holdings III, Inc. Prices $375 Million SPAC

Gores Holdings III, Inc. announced the pricing of their $375 million SPAC tonight, making it a three-peat for the Gores team.  The unit will begin trading on the Nasdaq tomorrow morning under the symbol GRSHU.

Gores Holdings III, is being led by Alec Gores as Chairman and Mark Stone as CEO.

Total 2018 deal count is now 32 SPACs with $7.488 billion in total gross proceeds raised.

Congratulations to all.

Deutsche Bank is acting as the sole book running manager for the offering.