Bloomberg: Matterport in Merger Talks with Gores SPAC-$2 Billion Valuation14165
Pages:
1
WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
Bloomberg (5 February 2021) Matterport Is in Merger Talks With Gores SPAC According to Bloomberg: Matterport Inc., a maker of software for virtual walk-throughs of properties, is in advanced talks to list via a blank-check company, according to people familiar with the matter. A deal with Gores Holdings VI Inc. could be announced as soon as next week [week of 7 February 2021], said one of the people, asking not to be identified because the matter is private. The transaction is set to value the combined entity at more than $2 billion, the person said. A representative for Gores Holdings VI declined to comment. A spokesperson for Matterport, based in Sunnyvale, California, didn’t immediately respond to a request for comment. Source: Bloomberg I encourage you to read the entire story. Your thoughts? Dan |
||
Post 1 IP flag post |
Axis360Media private msg quote post Address this user | ||
Can a company be acquired with active litigation? I say no. | ||
Post 2 IP flag post |
MeshImages private msg quote post Address this user | ||
The question is: who will be first? Matterport with the going public or 3D Vista with the release of the dollhouse feature? Second might probably blow this 2 Billion Dollar balloon valuation. My opinion: let all the greedy investors with their management make this money and go away. Maybe this is the solution for the product. I would prefer to read headlines like this: Matterport fixed the 360 placement tool after more than 2 years in beta. Happy Matterport clients flooded social media with 3D tours. |
||
Post 3 IP flag post |
WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
CNBC (8 February 2021) Matterport CEO on going public through SPAC deal with Gores Group | ||
Post 4 IP flag post |
WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
Hi All, Over the weekend, I was wondering: ✓ whom leaked the news February 5, 2021 that was officially announced today (Monday, 8 February 2021)? ✓ what was the motivation for leaking the news? ✓ given that this leak involved a publicly traded company, even more surprising that the news was leaked Today (Monday, 8 February 2021), I wonder how Matterport kept this news a secret as long as they did. Your thoughts? Dan P.S. total equity value of approximately $2.9 billion [Value of the deal] (more than the "more than $2 billion" that Bloomberg first reported. |
||
Post 5 IP flag post |
WGAN Forum Founder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
Bloomberg (8 February 2021) Matterport to Go Public Via Alec Gores SPAC in $2.9 Billion Deal "To support the transaction, the companies will raise about $295 million from investors including Tiger Global Management, Senator Investment Group, Dragoneer Investment Group and Fidelity Management & Research Co.," reports Bloomberg. (An updated Bloomberg article.) Dan |
||
Post 6 IP flag post |
Pages:
1This topic is archived. Start new topic?