• Light snow most likely in the Poconos.. Cloudy and chilly with a little light lingering mix of rain, sleet, or snow. There was an error processing your request. This communication may contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Additional information regarding the interests of participants in the solicitation of proxies in connection with the Business Combination is included in the definitive proxy statement that Gores Holdings IV filed with the SEC. Additional Information about the Business Combination and Where to Find It. These forward-looking statements are based on Gores Holdings IV's or UWM's management's current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. MarketBeat's community ratings are surveys of what our community members think about Gores Holdings IV and other stocks. With respect to forward looking statements relating to the consummation of the proposed business combination, these risks include, but are not limited to: (a) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement, the failure to obtain approval of the stockholders of the Company or the failure to receive required regulatory approvals; (b) the ability to meet applicable listing standards; (c) UWM's reliance on its warehouse facilities and the risk of a decrease in the value of the collateral underlying certain of its facilities causing an unanticipated margin call; (d) UWM's ability to sell loans in the secondary market; (e) UWM's dependence on the government sponsored entities such as Fannie Mae and Freddie Mac; (f) the risk that an increase in the value of the MBS UWM sells in forward markets to hedge its pipeline may result in an unanticipated margin call; (g) UWM's inability to continue to grow, or to effectively manage the growth of, its loan origination volume; (h) UWM's ability to continue to attract and retain its Independent Mortgage Advisor relationships; and (i) other risks and uncertainties indicated from time to time in the definitive proxy statement filed by Gores Holdings IV in connection with Gores Holdings IV's solicitation of proxies for the Special Meeting, including those under "Risk Factors" therein, and other documents filed or to be filed with the SEC by Gores Holdings IV. At the point of the merger, GHIV will consist of 103M shares, coming from three sources. Although the merger and all other measures on the ballot passed by wide margins, 20,795 were also redeemed in […] By Gores Holdings IV, Inc.;United Wholesale Mortgage, LLC; Stormcenter - School / Business Application, https://www.cstproxy.com/goresholdingsiv/2021, Emmaus to receive $1.13M in federal stimulus funding, Doylestown OKs advertisement of marijuana decriminalization bill, Muhlenberg Township remembers 2 former officials, sets meeting for comprehensive plan, Summer league basketball returning to Cedar Beach, US air travel rises to highest levels yet since pandemic hit, 2 charged in assault of Capitol officer who died after riot. Right now, its market value is only $554 million, so GHIV stock is still very undervalued, even before the deal closes. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Gores Holdings IV stockholders in connection with the Business Combination and other matters to be voted upon at the Special Meeting is set forth in the definitive proxy statement for the Business Combination. - Stockholders are Encouraged to Submit Their Vote Prior to the Special Meeting. A special meeting of stockholders of AMCI Acquisition Corp., will be held virtually at … Additional risks and uncertainties are identified and discussed in Gores Holdings IV's reports filed with the SEC and available at the SEC's website at www.sec.gov. March 11, 2021. Gores Holdings IV and The Gores Group are separate entities with separate management, although there is overlap in size and industry of target acquisition and personnel involved. Except as required by law, neither Gores Holdings IV nor UWM undertakes any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this release. The Company will hold a Special Meeting in lieu of the Company's 2021 Annual Meeting of Stockholders via live webcast at https://www.cstproxy.com/goresholdingsiv/2021, on January 20, 2021 at 9:00 a.m. Eastern Time (the "Special Meeting"). Get local Breaking News alerts sent directly to your inbox. Gores Holdings IV, Inc. intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or related business combination with one or more businesses. LOS ANGELES, Dec. 17, 2020 /PRNewswire/ -- Gores Holdings IV, Inc. (NASDAQ: GHIV, GHIVU and GHIVW) (the "Company"), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, today announced that the Company has filed a definitive proxy statement with the SEC in connection with the previously announced business combination with United Wholesale Mortgage, LLC ("UWM") (the "Business Combination"). Success! UPLOAD: Securities Filing Public Response. Jan 21, 2021 INTEL by Nicholas Alan Clayton 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. Another way to prevent getting this page in the future is to use Privacy Pass. UPLOAD: Securities Filing Public Response. The $330 million PIPE at $10.00 per share will own 11%. Please enable Cookies and reload the page. Gores Holdings IV stockholders and other interested persons are advised to read the definitive proxy statement, as well as any amendments or supplements thereto, in connection with Gores Holdings IV's solicitation of proxies for the Special Meeting because they contain and will contain important information about the Business Combination. Now that we have a merger vote date, AMCI stock may continue its rally. Net, the buywrite returned a little over 20% in ~a month, and given you had the redemption rights on the backend it was a … The Business Combination is expected to close shortly after the Special Meeting, subject to receipt of regulatory and stockholder approvals, and other customary closing conditions. Although the merger and all other measures on the ballot passed by wide margins, 20,795 were also redeemed in connection with the vote. The definitive proxy statement contains important information about the Business Combination and the other matters to be voted upon at the Special Meeting. • Posted on January 21, 2021 January 21, 2021 by Tyger Fitzpatrick Here’s what you need to know about the GHIV merger Gores Holdings IV Inc (NASDAQ: GHIV) is set to close in on its merger with United Wholesale Mortgage. I outline my favorite 3 pre-deal SPACs for 2021. Upcoming Events. Shareholder Vote to Complete (Prelim Proxy Linked) Redemption Deadline: March 10, 2021 Record Date: February 5, 2021 More details » ***REVHU EXPECTED PRICING Revolution Healthcare Acquisition Corp. Expected to Price for Friday Trading More details » ***SCAQU EXPECTED PRICING Stratim Cloud Acquisition Corp. … If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. The development comes after the company closed a merger with special purpose acquisition company Gores Holdings IV Inc (NASDAQ: GHIV). Gores Holdings IV is a special purpose acquisition company sponsored by an affiliate of The Gores Group for the purpose of effecting a merger, acquisition, or similar business combination. Vote “Underperform” if you believe GHIV will underperform the S&P 500 over the long term. Forward-looking statements include information concerning Gores Holdings IV's or UWM's possible or assumed future results of operations, business strategies, debt levels, competitive position, industry environment, potential growth opportunities and the effects of regulation, including whether this transaction will generate returns for stockholders. 2020 was a banner year for special purpose acquisition corporations. Returns as of 3/13/2021. Headquartered in Pontiac, Michigan, United Wholesale Mortgage is the #1 wholesale lender in the nation five years in a row. The definitive proxy statement contains important information about the proposed Business Combination and the other matters to be voted upon at the Special Meeting. The idea played out perfectly. View all Motley Fool Services. When it comes to the year-to-date metrics, the Gores Holdings IV Inc. (GHIV) recorded performance in the market was -5.94%, having the revenues showcasing 23.38% on a quarterly basis in comparison with the same period year before. Jan. 20 2021, Published 8:39 a.m. You may vote once every thirty days. 03/08/2021. Cloudy with a light wintry mix of rain and snow, especially in the afternoon. Error! If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. On 3/4/2021 the company announced a pending merger with DeepGreen Metals, a developer of lower-impact battery metals from unattached seafloor polymetallic nodules. Definitive proxy statement relating to a merger or acquisition. The company was founded in 2019 and is based in Beverly Hills, California. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. When used in this communication, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. LOS ANGELES, Dec. 17, 2020 /PRNewswire/ -- Gores Holdings IV, Inc. (NASDAQ: GHIV, GHIVU and GHIVW) (the "Company"), a special purpose acquisition company sponsored by … United Wholesale Mortgage said on Wednesday it is planning to go public by merging with special purpose acquisition company (SPAC) Gores Holdings … Prior business combinations for special purpose acquisition companies sponsored by affiliates of The Gores Group include: Hostess (Gores Holdings, Inc.), Verra Mobility (Gores Holdings II, Inc.), PAE (Gores Holdings III, Inc.) and Luminar (Gores Metropoulos, Inc.).