WebOct 4, 2024 · In the merger presentation, Polestar projects that strategy will underpin impressive growth. By 2025, the company aims to reach $17.8 billion in revenue, $1.6 billion in operating income, and $1.3 ... WebFeb 18, 2024 · The Bottom Line – Polestar and GGPI Merger . Overall, the Polestar and GGPI merger is a big deal. Rarely do we see SPAC deals breaching the $20 Billion valuation mark. With gross proceeds exceeding $1 Billion, the injection of cash will be vital for Polestar’s expansion of the Polestar 3, 4 and 5 models in the near term.
r/GGPI on Reddit: Next wave of EVs getting the EVW touch 🎨🖌️ …
WebSep 27, 2024 · It is the biggest blank-check merger in the EV sector since Lucid Motors struck a $24-billion deal with Michael Klein’s Churchill Capital IV Corp. in February. The Polestar deal will be ... WebJun 2, 2024 · GGPI stock is currently still trading close to $10. Polestar announced on Thursday a new Polestar 2 BST edition. GGPI and Polestar merger date is due to be approved on June 22. Polestar, a Swedish ... has willow been cancelled
Polestar Should Be a Hit When its Reverse Merger with Gores Guggenh…
WebApr 28, 2024 · The post The Polestar SPAC Merger Will Push GGPI Stock to New Highs appeared first on InvestorPlace. Mentioned in this article View Article. GGPI. GGPI. ... at any time before notice of acceptance given after the date of qualification by the SEC or as stated in the offering materials relating to an investment opportunity, as applicable. ... WebPolestar Should Be a Hit When its Reverse Merger with Gores Guggenheim Closes GGPI stock is worth 59% more and could hit $19 per share upon its reverse merger with Polestar By Mark R. Hake, CFA Polestar, the Swedish electric vehicle (EV) maker, announced on Jan. 11, 2024 that it had met its target production and sales of 29,000 cars in 2024. WebGGPI is a SPAC which means when it went public it was just a trust-account full of money. These kinds of IPOs are bought by arbitrage funds, that receive a share of a warrant for each unit they buy. Before GGPI announced to merge with Polestar nearly 100% of its float was owned by these arb funds. boot allowance 2022