GHIV raised $425 million from IPO which is being reinvested to UWM, and an additional $500 million raised from the private placement. At the time of this writing, the total market value of the company is set at 524.88M. Although the merger and all other measures on the ballot passed by wide margins, 20,795 were also redeemed in connection with the vote. Vote “Underperform” if you believe GHIV will underperform the S&P 500 over the long term. UPLOAD: Securities Filing Public Response. Gores Holdings IV, Inc. (NASDAQ:GHIV) announced in an 8-K filing that its shareholders approved its combination with wholesale mortgage lender UWM Holdings at a special meeting earlier yesterday. Prior business combinations for special purpose acquisition Insufficient data to calculate GHIV's fair value to establish if it … ( See GHIV stock analysis on TipRanks ) To find good ideas for SPAC stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy , a newly launched tool that unites all of TipRanks’ equity insights. The GHIV stock fell as much as 6.6 percent on Wednesday as shareholders voted in favor of taking UWM public. View detailed GHIV description & address. The deal valued UWM at more than $16 billion. The merger is worth approximately $16.1 Billion, making this figure the biggest business combination for a SPAC company, to this date. Posting as : works at. ; The webcast meeting started at 9:00 AM ET. This transaction value will make UWM the largest SPAC transaction ever. Shares of Gores Holdings IV Inc. ghiv shot up 16% in premarket trading Wednesday, after the special purpose acquisition company (SPAC), also … United Wholesale Mortgage said on Wednesday it is planning to go public by merging with special purpose acquisition company (SPAC) Gores Holdings … Are GHIV 1/15 option holders still holding strong, hoping for a run up as the merger date approaches? Enthusiast. However, with an average price target of $12.50, the analysts expect the stock to stay range-bound until the merger is completed. Gores Holdings IV in a proxy filing set Jan. 20 as the date for a shareholder vote on its proposed business combination with United Wholesale Mortgage. 7 Comments Share. Vote “Outperform” if you believe GHIV will outperform the S&P 500 over the long term. Gores Holdings IV completed its initial public offering in January 2020, raising approximately $425 million in cash proceeds. MarketBeat's community ratings are surveys of what our community members think about Gores Holdings IV and other stocks. Gores Holdings IV intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or related business combination with one or more businesses. 5 Like. You may vote once every thirty days. a month. Right now, its market value is only $554 million, so GHIV stock is still very undervalued, even before the deal closes. I’m holding strong. Definitive proxy statement relating to a merger or acquisition. UPLOAD: Securities Filing Public Response. Overview: United Wholesale Mortgage will go public later this year through the highest-valued deal with a blank-check company ever, the company said Wednesday. Gores Holdings IV (ticker: GHIV) stock fell close to 2% on Wednesday after the deal was revealed, to about $10.60. Wholesale Mortgage Giant Going Public in Largest SPAC Deal in History The home loans provider is taking an increasingly popular route to the stock exchange. According to Black Knight Financial Services, a mortgage data provider, 19.3 million mortgages are "high quality refinances," which means the borrower has strong credit, at … I do not hold Spac's post merger and, depending on the company, I sometimes sell … Gores Group for the purpose of effecting a merger, acquisition, or similar business combination. Read more. Company profile for Gores Holdings IV Inc. Cl A including key executives, insider trading, ownership, revenue and average growth rates. Largest SPAC deal in history to merge Gores Holdings IV with United Wholesale Mortgage in $16.1 billion deal By Tanya Pushkin on September 23, 2020 Gores Holdings IV, Inc. (GHIV) announced today it will merge with United Wholesale Mortgage in a transaction that will bring the nation’s largest wholesale mortgage lender public at a $16 billion valuation. Details on how to participate will be available here. Now that we have a merger vote date, AMCI stock may continue its rally. Definitive proxy statement relating to a merger or acquisition. The stock climbed in the later part …