Gores Metropoulos II, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing March 15, 2021
March 12 2021 - 4:37PM
Business Wire
Gores Metropoulos II, Inc. (Nasdaq: GMIIU) (the “Company”)
announced that, commencing March 15, 2021, holders of the units
sold in the Company’s initial public offering of 45,000,000 units
completed on January 22, 2021 may elect to separately trade the
shares of Class A common stock and warrants included in the units.
Those units not separated will continue to trade on the Nasdaq
Capital Market under the symbol “GMIIU,” and the Class A common
stock and warrants that are separated will trade on the Nasdaq
Capital Market under the symbols “GMII” and “GMIIW,”
respectively.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction. The offering was
made only by means of a prospectus, copies of which may be obtained
from Deutsche Bank Securities Inc., Attn: Prospectus Department, 60
Wall Street, New York, New York 10005, telephone: 800-503-4611 or
email: prospectus.cpdg@db.com; or Citigroup Global Markets Inc.,
c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717, via telephone at (800) 831-9146.
About Gores Metropoulos II, Inc.
Gores Metropoulos II, Inc. was 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's strategy is to identify,
acquire and, after the initial business combination, to build a
company in an industry or sector that complements the experience of
its management team and can benefit from their operational
expertise.
Forward-Looking Statements
This press release may include “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements other than statements of historical fact
included in this press release are forward-looking statements. When
used in this press release, words such as “anticipate,” “believe,”
“estimate,” “expect,” “intend” and similar expressions, as they
relate to us or our management team, identify forward-looking
statements. Such forward-looking statements are based on the
beliefs of management, as well as assumptions made by, and
information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the Securities and Exchange
Commission (“SEC”). All subsequent written or oral forward-looking
statements attributable to us or persons acting on our behalf are
qualified in their entirety by this paragraph. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Company's registration statement and
preliminary prospectus for the Company’s initial public offering
filed with the SEC. The Company undertakes no obligation to update
these statements for revisions or changes after the date of this
release, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210312005512/en/
Jennifer Kwon Chou Managing Director, The Gores Group (310)
209-3010 jchou@gores.com
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