Gores Metropoulos, a blank check company formed by dealmaker Dean Metropoulos and The Gores Group, targeting the consumer products and services industries, raised $375 million by offering 37.5 million units at $10, as expected.
Each unit consists of one share of common stock and one third of a warrant exercisable at $11.50 per share.
Gores Metropoulos plans to list on the Nasdaq under the symbol GMHIU. Deutsche Bank, Credit Suisse and Goldman Sachs acted as lead managers on the deal.
