Gores Guggenheim, Inc. Announces Closing of Over-Allotment in Connection With Its Initial Public Offering
LOS ANGELES–(BUSINESS WIRE)–Gores Guggenheim, Inc. (the Company), a blank check company sponsored by affiliates of The Gores Group and Guggenheim Capital, LLC, formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the underwriters, pursuant to the terms of the underwriting agreement, partially exercised their option to purchase 5,000,000 newly issued…
