- SPACs
- Gores Holdings II, Inc.
Gores Holdings II, Inc.
Completed 2018-10-16- CIK 1682745
- GSHT
- Now VRRM
- IPO 2017-01-13
- $406M trust
- 657 filings
Successfully merged with Greenlight Holding II Corporation • Now trading as VRRM
- IPO Size
- $400M
- raised at the IPO
- Trust
- $406M
- as of 2018-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2017
- year it listed
Filings, by quarter
657 filings over 42 quarters; violet bars carry a milestone
- 16 Q3: 2 filings
- 16 Q4: 3 filings
- 17 Q1: 26 filings
- 17 Q2: 2 filings
- 17 Q3: 1 filing
- 17 Q4: 2 filings
- 18 Q1: 7 filings
- 18 Q2: 4 filings
- 18 Q3: 15 filings
- 18 Q4: 62 filings
- 19 Q1: 14 filings
- 19 Q2: 31 filings
- 19 Q3: 14 filings
- 19 Q4: 13 filings
- 20 Q1: 23 filings
- 20 Q2: 15 filings
- 20 Q3: 5 filings
- 20 Q4: 13 filings
- 21 Q1: 27 filings
- 21 Q2: 25 filings
- 21 Q3: 17 filings
- 21 Q4: 19 filings
- 22 Q1: 22 filings
- 22 Q2: 29 filings
- 22 Q3: 23 filings
- 22 Q4: 10 filings
- 23 Q1: 20 filings
- 23 Q2: 20 filings
- 23 Q3: 13 filings
- 23 Q4: 6 filings
- 24 Q1: 22 filings
- 24 Q2: 24 filings
- 24 Q3: 8 filings
- 24 Q4: 6 filings
- 25 Q1: 19 filings
- 25 Q2: 25 filings
- 25 Q3: 9 filings
- 25 Q4: 5 filings
- 26 Q1: 15 filings
- 26 Q2: 28 filings
- 26 Q3: 10 filings
- 26 Q4: 3 filings
- S-1 filed 16 Q3
- IPO 17 Q1
- Definitive agreement 18 Q2
- Completed 18 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2016-09-01 Filed S1
- IPO2017-01-13 IPO, search begins
- Definitive Agreement2018-06-21 Agreement for merger
- Completed2018-10-16 Merger Completed
About
Gores Holdings II, Inc. is a blank-check company formed to effect an initial business combination. Its acquisition strategy is operationally oriented and is not limited to a particular industry or sector.
Key Information
As the filings state it
- IPO Date
- 2017-01-13
- Total Redemptions
- $3.3M
- PIPE
- $400M
- SIC
- 6770
- Completion Date
- 2018-10-16
- Merger Target
- Greenlight Holding II Corporation
- SPAC Ticker
- GSHT
- Merged Ticker
- VRRM
Stock Performance
VRRMTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2017-03-24 | $10.00 | |
| At Merger | 2018-10-17 | $10.51 | +5% |
| 6 Months Post-Merger | 2019-04-18 | $13.19 | +25% |
| 1 Year Post-Merger | 2019-10-17 | $14.59 | +39% |
| 2 Years Post-Merger | 2020-10-16 | $10.21 | -3% |
| Current Price | 2026-10-14 | $2.94 | -71% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Alec Gores, with Mark Stone, Dominick J. Schiano and Andrew McBride; the team brings extensive operational, financial, investment and transactional experience, including private-equity, business-transformation and prior SPAC experience.