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Gores Metropoulos II Inc

Gores Metropoulos II Inc (GMIIU)

8.71
0.00
(0.00%)
Closed July 24 4:00PM
0.00
0.00
(0.00%)

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GMIIU News

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GMIIU Discussion

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db7 db7 3 years ago
https://www.bloombergquint.com/business/lodging-firm-sonder-is-said-to-reach-gores-metropoulos-spac-deal
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db7 db7 3 years ago
https://ih.advfn.com/stock-market/NASDAQ/gores-metropoulos-ii-GMIIU/stock-news/84968188/sonder-a-next-generation-hospitality-company-to
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pcjockey pcjockey 3 years ago
thanks.
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db7 db7 3 years ago
not as of yet; bloomberg rumored on 2 other gores spacs and if i recall correctly, the official announcement came within 3 days on the one and about 10 days on the other(?)

possibly this week or next(?)













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pcjockey pcjockey 3 years ago
Thanks. Sonder, like the ride-sharing version of apartments. So, I gather no official announcements have been made yet.
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db7 db7 3 years ago
bloomberg rumors at this point, although their hit ratio is pretty high from what i've seen-
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pcjockey pcjockey 3 years ago
What's the merger here? rumored or real?
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Scandle34 Scandle34 3 years ago
missed that - fully committed elsewhere right now. Someone heard something.
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db7 db7 3 years ago
Sonder, "backed by Jeff Bezos and Elon Musk." ->

https://www.cnbc.com/2021/02/20/how-francis-davidson-started-sonder-in-college-apartment.html


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db7 db7 3 years ago
https://en.wikipedia.org/wiki/Sonder_Corp.
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db7 db7 3 years ago
https://www.bloomberg.com/news/articles/2021-04-07/lodging-firm-sonder-is-said-in-talks-with-gores-metropoulos-spac
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db7 db7 3 years ago
wiggling....fat finger or something coming???
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db7 db7 3 years ago
in GMIIW $1.135avg
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db7 db7 3 years ago
Gores, sounds like a lot of flow: https://labusinessjournal.com/news/2021/mar/08/business-person-year-2021-alec-gores/
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db7 db7 3 years ago
"Announces the Separate Trading of its Class A Common Stock and Warrants Commencing March 15, 2021"
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Scandle34 Scandle34 3 years ago
THBR/Indie Semi is close to NAV and in final S4 amendments, so I'd say risk/reward & time it's top of my list. Still your logic here is sound.
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db7 db7 3 years ago
Appreciate your response; Gores 6 (GHVI/GHVIW, Matterport) had a deal lined up and waiting for the units to split to common/warrants. Obviously, not saying that will be the case here but it's possible.

As it's close to NAV, it seems safe to get in now even if early 'and' will get some free'ish warrants out of it.

Gores seems about 50% hit rate for good deals; we only have the 1 Gores/Metro to look at (LAZR, Luminar) which obviously was a huge success.

Even if extremely early... even if market dives... even if no deal ever happens here......... the downside seems limited. I can't think of a better risk/reward profile(?)


g/l!













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Scandle34 Scandle34 3 years ago
as beaten up as SPACS are now there are a number of promising SPACs days away from completing mergers trading within 10% of NAV. Before the correction going in this early made sense to me. Now it seems being overly patient, but not unsound. Best of luck.
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db7 db7 3 years ago
Units splitting into common/warrants 'soon'(?) Loaded the boat today with a $10.19 avg; assuming/hoping this will be a SPAC that not only survives 'but' has a chance at thriving........


time will tell-
























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db7 db7 3 years ago
Gores Metro I became LAZR/LAZRW.. now onto number 2...
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