Learn about our diverse team of engineers, scientists and changemakers. PHOENIX Footprint, the Gilbert company with naming rights to the Phoenix Suns arena, announced Tuesday that its agreed to become a publicly traded Hobbs said she wants to eliminate the Border Strike Force. The proceeds also consist of an oversubscribed private investment of $460m. Qatar investors planning to make an offer for Manchester United, Apples iPhone 14 Pro Max Manufacture Cost Only Marginally Higher Than Its Predecessor. Take this free quiz to find out! Advertiser Disclosure. Taking the Eurostar emits around 6 grams of CO 2 per passenger kilometer, compared to 156 grams from a short-haul flight. Talk with a financial professional if you're not sure. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copy Protect PDF, MP3, MP4 and more, with Nexcopy USB Duplicator Systems . US-based materials science technology company Footprint International Holdco has agreed to merge with Gores Holdings VIII, to become a public traded company. Everything we know about the SONDORS IPO, plus information on how to buy in. Footprint, a Gilbert, Arizona-based material sciences company focused on eliminating single-use plastics, agreed to go public at an implied $1.6 billion valuation via For inquiries regarding The Gores Group and affiliates: Jennifer Kwon ChouManaging DirectorThe Gores Group310-209-3010jchou@gores.com, John Christiansen/Cassandra BujarskiSard Verbinnen & CoGoresGroup-SVC@sardverb.com, For investors:Reed AndersonReed.Anderson@icrinc.com612-710-8617, For media:Cory ZiskindCory.Ziskind@icrinc.com646-277-1232, Heather KnoxSVP Communications, FootprintHeather.knox@footprintus.com425-295-5967. Information on household costs, public health impacts, building energy and water use, greenhouse gas emissions, land consumption, and transportation for scenarios can help identify the best land use option. Notably, Footprints 2023 revenue estimate can be achieved entirely with products that are developed and in market today and secured by customer contracts with leading blue-chip customers. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. The resulting company is projected to have a total enterprise value of $1.6 billion, according to the release. What communities wish to see in their neighborhoods, how they choose to go about their day to day routine, and what it takes to get there, literally and figuratively. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Here are the stocks that benefit from inflation, as well as industries to keep an eye on to reduce the impacts of inflation on your portfolio. Make unlimited commission-free trades, plus earn 4% interest on uninvested cash in your account with Robinhood Gold. The deal, which is subject to the approval of Gores Holdings VIIIs stockholders, is expected to close in the first half next year. Gores Guggenheim and The Gores Group are separate entities with separate management, although there is overlap in size and industry of target acquisition and personnel involved. With Amazon Amount of your choice Amount of your choice. Planning is inherently about vision. here to register, Not for publication, email or dissemination, Shannon OLeary on diversity and steering clear of peak stupid, Ares backs BlueCove; Thoma Bravo closes Coupa deal; plus Black History Month interviews, Red Arts Chad Strader: Diversity is good for business; US PE firms vie for public European names, PE pioneer Thomas H. Lee passes away; ArcLights Great River Hydro exit plus evolution of infrastructure investments, DCP Capital to buy stake in Chinese business of Jamieson Wellness, Peak Rock-backed Hospeco Brands Group acquires Innocore. Gores Holdings VIII, Inc.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. Before making any voting decision, investors and security holders of Gores Holdings VIII and other interested parties are urged to read the Registration Statement and the proxy statement and all other relevant documents filed or that will be filed with the SEC in connection with the proposed business combination as they become available because they will contain important information about the proposed business combination. You know, whenever anybody asks Elon Musk how he learned to build rockets, he says, I read books.. Stocks, ETFs, Cryptocurrency, Alternatives. Finder makes money from featured partners, but editorial opinions are our own. The call can be accessed by dialing +1 (833) 470-1428 (domestic toll-free number) or +1 (404) 975-4839 (international) and providing the conference ID 917431. Partnering with a market leader making a meaningful impact on the health of our planet aligns perfectly with the sustainability component of our investment strategy, and we are thrilled to support the Footprint team as it executes its proven strategy to drive continued growth and innovation.. Steps to investing in the Vanguard (VTI) Total Stock Market ETF. 84% of retail investor accounts lose money when trading CFDs with this provider. The software helps users experiment with the amount and location of land use and place types such as residential, commercial, and open space to create their own development scenarios. Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more. They're in some of the country's biggest supermarkets, including Walmart, Target, Costco, Whole Foods, Albertsons' Safeway, Kroger, Fry's, Aldi, Wegmans and Trader Joe's. Footprint is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day. Everything we know about the TXO Energy IPO, plus information on how to buy in. UrbanFootprint lets users look at current land use plans in their communities and visualize the potential for where new people, buildings, and urban amenities might go as population grows in the future. Creates a common platform for stakeholders to depict a wide range of land use and planning concepts and scenarios. Today marks an exciting inflection point in our seven-year history inventing new materials that challenge the status quo. The documents described in this paragraph are available free of charge at the SECs web site at www.sec.gov, or by directing a request to Gores Holdings VIII, Inc., 6260 Lookout Rd., Boulder, CO 80301, attention: Jennifer Kwon Chou. Today, we are inventing and manufacturing solutions that replace short-term use plastic. Troy Swope, a co-founder and CEO of Footprint, Plant-based packaging-maker Footprint CEO on eliminating single-use plastic, entered into an agreement with the Phoenix Suns, Final call: Nominate a company for CNBC's 2023 Disruptor 50 list, Inside the 'Wormhole,' Relativity Space's monster factory 3D-printing reusable rockets, Fanatics to start livestreamed shopping of trading cards, collectibles. Multi-year agreement with Footprint supports SAMBAZONs sustainable packaging initiative. 9 minutes. The company employs more than 2,500 employees, with operations in the U.S., Mexicali, Europe, and Asia. Everything we know about the Brera IPO, plus information on how to buy in. SPACs are Its sustainable products are designed with the entire product lifecycle in mind, and are made from 100% bio-based, biodegradable, compostable and recyclable fibers. A replay of the call can be accessed by dialing +1 (855) 213-8235 (domestic toll-free number) or +1 (571) 982-7683 (international) and providing the conference ID 264059#. This Press Release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Gores Holdings VIII, Footprint or the combined company, nor shall there be any sale of any such 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 such state or jurisdiction. Use the training services of our company to understand the risks before you start operations. Alternatively, a webcast replay of the call can be accessed by visiting https://www.netroadshow.com/ with the entry code Frontier394 or by visiting https://www.netroadshow.com/nrs/home/#!/?show=715a455a. In July, the company also agreed with the Phoenix Suns, re-naming the NBA teams home complex to Footprint Center. WebWhat is your Ecological Footprint? The deal is expected to value Footprint, ranked No. The definitive proxy statement/final prospectus and other relevant documents will be sent to all Gores Holdings VIII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at a meeting of Gores Holdings VIIIs stockholders to be held to approve the proposed business combination and other matters (theSpecial Meeting). Footprints customers include the leading player in multiple categories, including dairy, shelf stable cups, meat trays, QSR, frozen food, produce and CPG. As a dynamic tool, UrbanFootprint provides a way to have an organized, recordable, and consistent method to visualize land use options and estimate future outcomes. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. When comparing offers or services, verify relevant information with the institution or provider's site. How many planets does it take to support your lifestyle? UrbanFootprint is a tool to help the public and public officials determine the best scenarios and outcomes for their communities, using scientific The Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Founded in 1987, The Gores Group is a global investment firm focused on partnering with differentiated businesses that can benefit from the firms extensive industry knowledge and decades long experience. Additional Information about the Proposed Transaction and Where to Find It. Amazon CEO Jeff sets his sight on buying NFL team, Hackers breached T-Mobile more than 100 times in 2022, 1 out of every 5 US adults own crypto: Coinbase survey, OKX revealed its reserves; $8.6 billion in Bitcoin, Ethereum and dollars, SEC subpoenaed Robinhood over crypto operations, Xiaomi Wireless AR Smart Glasses has been showcased for MWC 2023 event. Puts scientific studies to work to estimate the outcomes of land use patterns and transportation networks, Creates a classroom tool for use in public policy, planning, transportation, economics, sociology, public health and other courses, Sustainable Communities Strategy development and updates, Understand relationships between local plans with regional investments, Understanding local and regional policy impacts, and the statewide implications, Depicts regional and local policy shifts around development and conservation. Footprints products have already led to a global redirection of 61 million pounds of plastic waste from entering the air, earth, and water working with leading global consumer brands. Click information service that aims to provide you with information to help you make better decisions. Techstory.in is a website about exciting startup stories and inspiring entrepreneur journeys. Past performance is no guarantee of future results. Management of Footprint and Gores Holdings VIII will host an investor conference call on Tuesday, December 14, 2021 at 9:00 am EST to discuss the proposed business combination. A simple guide to buying stocks in your favorite European soccer team. Footprint was founded in by former Intel engineers, Troy Swope and Yoke Chung. Footprint develops a sustainable replacement for freals signature dairy cup. These forward-looking statements generally are identified by the words believe, predict, project, potential, expect, anticipate, estimate, intend, strategy, future, forecast, opportunity, plan, may, should, will, would, should, will be, will continue, will likely result, and similar expressions (including the negative versions of such words or expressions). it's been delivered there. "With corporations, regulators and consumers alike increasingly demanding high-quality, sustainable alternatives to single-use plastic, foam and other products, Footprint's solutions are capitalizing on a growing $315 billion annual market opportunity that is converting to environmentally friendly solutions as quickly as possible," the companies said in a press release statement. Footprint was founded in 2014 by Swope and Yoke Chung, former Intel engineers. Gores Holdings VIII, Inc. completed its initial public offering in March 2021, raising approximately $345 million in cash proceeds for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Dec 14 (Reuters) - Materials science company Footprint Inc has agreed to go public through a merger with a blank-check firm led by billionaire Alec Gores, in a Her background includes editing more than 40 published books, including books on personal finance and meditation. WebFootprint, an Arizona-based materials science technology company known for its plant-based packaging, will make its market debut by merging with blank-check firm Gores Holdings VIII. Moelis & Company LLC is also acting as financial advisor to Gores Holdings VIII. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of Footprint or that actual results will not differ materially from those presented in the prospective financial information. Buying an IPO is as simple as buying any other stock, but not every trading platform offers IPO stocks. Investors and security holders will also be able to obtain free copies of the definitive proxy statement/final prospectus and all other relevant documents filed or that will be filed with the SEC by Gores Holdings VIII through the website maintained by the SEC at www.sec.gov, or by directing a request to Gores Holdings VIII, Inc., 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou or by contacting Morrow Sodali LLC, Gores Holdings VIIIs proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. (Podcast). 5. The SPAC, Gores Holdings VIII (GIIX), originally went public in April 2021 and currently trades on the Nasdaq. And the company is collaborating with major brands, including newly public Sweetgreen, McDonald's, Kraft Heinz, Tyson Foods,Beyond Meat, Chick-fil-A, Dunkin, Panera Bread and True Food Kitchen. What you need to know about investing in the leading indicator for the overall US stock market. Were Please check your spam or junk folder just in case It's impossible to predict how any stock will perform and IPOs can be particularly volatile. PHOENIX Footprint, the Gilbert company with naming rights to the Phoenix Suns arena, announced Tuesday that its agreed to become a publicly traded company through a merger. Assuming no redemptions by the public stockholders of Gores Holdings VIII, the business combination will provide approximately $805 million in gross proceeds to fund the combined companys growth strategy. Employs more Than 2,500 employees, with operations in the leading indicator for the US... 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