Phase one of our mission is to provide solutions that eliminate single-use and short-term use plastics in our food chain. We may receive compensation from our partners for placement of their products or services. Footprint has been named a winner in the 2023 BIG Innovation Awards presented by the Business Intelligence Group. The deal, which is subject to the approval of Gores Holdings VIIIs stockholders, is expected to close in the first half next year. 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. 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a merger with a blank-check firm led by billionaire Alec Gores, in a deal that values the Your email address will not be published. Take this free quiz to find out! WebAPTA American Public Transportation Association ASIF activitystructureintensityfuel BMRC Bangalore Metro Rail Corporation means to assess the carbon footprint of these transport projects, the EKB does not suggest diluting the development agenda in Asia. And with its big carbon footprint, those solutions begin in schools themselves. JBL Wave Beam launched in India, ChatGPT Creator OpenAI in Talks for $29 Billion Value: WSJ. Recognized by Business Intelligence Group for culture, products, and people. E*TRADE offers commission-free stocks, access to mutual funds and advanced trading tools. Everyone knows that plastic is a major problem, thanks to The The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Here's what we know about the IPO and how to buy Footprint stock when it's available. Our information is based on independent research and may differ from what you see from a financial institution or service provider. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. You know, whenever anybody asks Elon Musk how he learned to build rockets, he says, I read books.. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. There may be additional risks that neither Gores Holdings VIII or Footprint presently know or that Gores Holdings VIII or Footprint currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Gores Holdings VIII, Inc. (Nasdaq: GIIXU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, founded by Alec Gores. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, S&P 500 Wraps Up Turbulent Month Near Lows of Day: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. Sign upfor our weekly, original newsletter that goes beyond the annual Disruptor 50 list, offering a closer look at start-ups like Footprint, and founders who continue to innovate across every sector of the economy. Actual results may differ as a result of the completion of the Footprints financial reporting period closing procedures, review adjustments and other developments that may arise between now and the time such financial information for the period is finalized. With corporations, regulators and consumers alike increasingly demanding high-quality, sustainable alternatives to single-use plastic, foam and other products, Footprints solutions are capitalizing on a growing $315 billion annual market opportunity that is converting to environmentally friendly solutions as quickly as possible. Don't have an account? Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that the proposed business combination may not be completed in a timely manner or at all, which may adversely affect the price of Gores Holdings VIII securities; (ii) the risk that the proposed business combination may not be completed by Gores Holdings VIIIs business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Gores Holdings VIII; (iii) the failure to satisfy the conditions to the consummation of the proposed business combination and PIPE investment, including the approval of the proposed business combination by Gores Holdings VIIIs stockholders, the satisfaction of the minimum trust account amount following redemptions by Gores Holdings VIIIs public stockholders and the receipt of certain governmental and regulatory approvals; (iv) the failure to obtain financing to complete the proposed business combination, including to consummate the PIPE investment, (v) the effect of the announcement or pendency of the proposed business combination on Footprints business relationships, performance, and business generally; (vi) risks that the proposed business combination disrupts current plans of Footprint and potential difficulties in Footprints employee retention as a result of the proposed business combination; (vii) the outcome of any legal proceedings that may be instituted against Gores Holdings VIII or Footprint related to the agreement and the proposed business combination; (viii) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination (ix) the ability to maintain the listing of the Gores Holdings VIIIs securities on the NASDAQ; (x) the price of Gores Holdings VIIIs securities, including volatility resulting from changes in the competitive and highly regulated industries in which Footprint plans to operate, variations in performance across competitors, changes in laws and regulations affecting Footprints business and changes in the combined capital structure; (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed business combination, and identify and realize additional opportunities; and (xii) other risks and uncertainties set forth in the section entitled Risk Factors and Cautionary Note Regarding Forward-Looking Statement in Gores Holdings VIII final prospectus relating to its initial public offering (File No. To date, affiliates of The Gores Group have announced or closed ten business combinations representing approximately $60 billion in transaction value which include: Hostess (Gores Holdings, Inc.), Verra Mobility (Gores Holdings II, Inc.), PAE (Gores Holdings III, Inc.), Luminar (Gores Metropoulos, Inc.), United Wholesale Mortgage (Gores Holdings IV, Inc.), Ardagh Metal Packaging (Gores Holdings V, Inc.), Matterport (Gores Holdings VI, Inc.), Sonder (pending; Gores Metropoulos II, Inc.), Polestar (pending; Gores Guggenheim) and Footprint (pending; Gores Holdings VIII, Inc.). 45 on this year's CNBC Disruptor 50 list, at $1.6 billion following the SPAC merger's completion. Gores Holdings VIII may also file other documents regarding the proposed business combination with the SEC. Sign up for free newsletters and get more CNBC delivered to your inbox. Advertiser Disclosure. Register now to read this article and more for free. A range of premier consumer brands, representing the largest and most significant food, beverage and consumer products companies globally and primarily Fortune 100 companies, have chosen Footprint as their innovation partner. Biote Holdings, a provider of hormone-replacement therapies, is going public through a merger with blank-check company Haymaker Acquisition Corp. III. Their customers include Walmart (WMT.N), McDonalds (MCD.N), Kraft Heinz Co (KHC.O), and Nestle (NESN.S). Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. 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. 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. The SPAC, Gores Holdings VIII (GIIX), originally went public in April 2021 and currently trades on the Nasdaq. information service that aims to provide you with information to help you make better decisions. NoiseFit Halo launched in India for Rs.3999? The definitive proxy statement/final prospectus will contain important information about the proposed business combination and the other matters to be voted upon at the Special Meeting and and may contain information that an investor will consider important in making a decision regarding an investment in Gores Holdings VIIIs securities. Everything we know about the Neuraxis IPO, plus information on how to buy in. Qatar investors planning to make an offer for Manchester United, Apples iPhone 14 Pro Max Manufacture Cost Only Marginally Higher Than Its Predecessor. New York, NY, 10016. WebLeave a footprint. 9 minutes. Footprint is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. FOOTPRINT, to be Publicly Listed on NASDAQ Through Combination with Gores Holdings VIII, Inc. https://www.netroadshow.com/nrs/home/#!/?show=715a455a, The only plastic-free solution that offers extended barrier properties, Compelling value proposition allowing customers to reach sustainability targets with a cost neutral, revenue accretive product, Growing TAM with secular tailwinds from corporate sustainability measures, increasing regulations and environmentally conscious end consumers, Strong partnerships with global blue-chip customers and significant strategic equity investments, Rapidly growing pipeline of long-term take-or-pay contracts and sold-out position through 2023, Innovative, execution-focused management team with proven track record and strong patent portfolio in materials, process technology, design and manufacturing. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in Gores Holdings VIIIs definitive proxy statement contained in the Registration Statement (as defined below), including those under Risk Factors therein, and other documents filed by Gores Holdings VIII from time to time with the SEC. Join the 500.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: 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. Make unlimited commission-free trades, plus earn 4% interest on uninvested cash in your account with Robinhood Gold. 1. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. A link has been emailed to you - check your inbox. Neither Footprints nor Gores Holdings VIIIs independent registered accounting firm has audited, reviewed or compiled, examined or performed any procedures with respect to the preliminary results, nor have they expressed any opinion or any other form of assurance on the preliminary financial information. Materials science company Footprint on Tuesday agreed a merger and initial public offering (IPO) deal with special purpose acquisition company (SPAC) Gores Holdings VIII (GIIX), valuing the company at around $1.6bn (1.2bn). Stocks, Options, ETFs, Cryptocurrency, Winner of Finders Best Broker for Beginners, Stocks, Options, ETFs, Cryptocurrency, Futures, Highly commended for Best Derivatives Trading Platform. UrbanFootprint provides a faster, more efficient way to leverage limited staff resources to identify development scenarios and their impacts, working side by side with stakeholders to quickly create, test, and discuss many alternatives much, much faster than traditional tools, and at lower cost. 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. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. Every scan unlocks a $0.02 $10.00 donation, which is funded by product sales and corporate partnerships. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Founded in 2014 by two formerIntelengineers, Footprintdevelops and manufactures alternative solutions to single- and short-term-use plastic. The gross proceeds are comprised of $345 million of cash held in trust from Gores Holdings VIII and approximately $460 million of additional capital, including $150 million Class C Preferred Financing which will be funded immediately. Weekly Start-up Funding Roundup (February 6 to 12), SC Grants Highest Level Z-Plus Security to Mukesh Ambani and Family Across India and Abroad, Eventbrite Inc restructuring plan to affect 30% of remaining job roles, Tesla CEO Elon Musk Becomes Worlds Richest Person Once Again, How to Bury a spiders Head in the ground(Duelling Feat) in Hogwarts Legacy, Users baffled as WhatsApp keeps crashing on iPhone, House Speaker Nancy Pelosi opposes banning Congress members from owning individual stocks, Best website hosting service providers 2023. Alec Gores' Gores Group is also in the process of taking Volvo's electric vehicle unit Polestar public. GILBERT, ARIZ (Oct. 4, 2022) Footprint, a global materials science technology company Start Reading Jul 6, 2022 8:06:26 PM Footprint Wins at Get this delivered to your inbox, and more info about our products and services. Hobbs said she wants to eliminate the Border Strike Force. Border Strike Force in India, ChatGPT Creator OpenAI in Talks for $ 29 Billion Value: WSJ your.... Carbon footprint, those solutions begin in schools themselves any REPRESENTATION to the CONTRARY is a CRIMINAL OFFENSE Higher its! Service that aims to provide solutions that eliminate single-use and short-term use plastics in our food chain in your with... Blank-Check company Haymaker Acquisition Corp. III ChatGPT Creator OpenAI in Talks for $ 29 Billion Value:.! 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