Successfully merged with Greenlight Holding II Corporation • Now trading as VRRM
SPAC Overview
$375M
IPO Size
$406M
Trust (as of 2018-09-30)
Completed
Current Status
2017
IPO Year
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.
The terms and the filing trail behind Gores Holdings II, Inc.
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
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.
Stock Performance
VRRM
Trading Symbol
First Trade
2017-03-24
$10.00
At Merger
2018-10-19
$10.71
+7%
6 Months Post-Merger
2019-04-22
$13.13
+23%
1 Year Post-Merger
2019-10-17
$14.59
+36%
2 Years Post-Merger
2020-10-19
$10.00
-7%
Current Price
2026-10-02
$2.81
-72%
Key Information
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