Message from Matterport CEO RJ Pittman on Matterport Going Public14181
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 WGAN ForumFounder & WGAN-TV Podcast Host Atlanta, Georgia |
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| Video: Matterport in 90 seconds | Video courtesy of Matterport YouTube Channel | 2 February 2021 Matterport Blog (8 February 2021) The start of the start. With our future listing on the NASDAQ, we’re ready to accelerate our mission to digitally transform the built world. Today we announced that Matterport has partnered with Gores Holdings VI providing for a business combination that will result in Matterport becoming a public company. Upon the closing of the proposed transaction, which is expected to occur in the second quarter of 2021, the company intends to be listed on the NASDAQ. The transaction can be best described as a force multiplier that will enable Matterport to accelerate our ambitious mission to make every building, every space more valuable and accessible. Companies like Matterport have choices when considering the best way to fund growth for the long term. The decision was less about whether to pursue a SPAC vs. traditional IPO vs. venture round for our path forward. Candidly, it was about who we want on our team to help us win. I’ve been in this business long enough to know the pros and cons of all the options for growth, and so does Matterport’s executive team. We didn’t choose a type of transaction, we chose The Gores Group. writes RJ Pittman on the Matterport Blog. |
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| I have heard of Goldman Sachs and I know traditional IPOs, but I have never heard of The Gores Group before. | ||
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| Alec Gores recently helped Luminar go public | ||
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