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UWM Holdings (Gores Holdings IV) Priced, Nasdaq: UWMC

Fourth blank check company formed by The Gores Group (completed 1/21/2021).

Industry: SPAC

First Day Return: +4.5%

Industry: SPAC

While we may pursue an acquisition opportunity in any business industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business that can benefit from our operational expertise, as members of our management team have done in diverse sectors, including industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products. This operationally-oriented investment approach has served The Gores Group well since its founding in 1987. We believe that our management team is well positioned to identify operationally-oriented acquisition opportunities in the marketplace and that our contacts and transaction sources, ranging from owners and directors of private and public companies, private equity funds, investment bankers, lenders, attorneys, accountants and other trusted advisors across various sectors, will allow us to generate attractive acquisition opportunities. Our team is led by Alec Gores, our Chairman, who has more than 35 years of experience as an entrepreneur, operator and private equity investor. Over the course of his career, Mr. Gores and his team have invested in more than 100 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy.
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IPO Data
IPO File Date 12/05/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 40.0
Deal Size ($mm) $400
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/23/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $400
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Beverly Hills, CA, United States
Founded 2019
Employees at IPO 3
Website www.gores.com

UWM Holdings (Gores Holdings IV) (UWMC) Performance