Gores Guggenheim (GGPI) Adds New PIPE to Polestar Deal

Gores Guggenheim (NASDAQ:GGPI) announced this afternoon that it has arranged a $136 million new PIPE for its deal with Swedish electric vehicle-maker (EV) Polestar while also amending the sponsor subscription agreement, the Volvo cars subscription agreement, and the lock-up. As background, Gores Guggenheim originally announced it’s deal bringing about $800 million into the deal from
Read More