Gores Holdings III, Inc.

Completed 2020-02-10
  • CIK 1720821
  • GRSH
  • Now PAE
  • IPO 2018-09-07
  • $409M trust
  • 242 filings

Successfully merged with Shay Holding Corporation • Now trading as PAE

IPO Size
$400M
raised at the IPO
Trust
$409M
as of 2019-12-31
Current Status
Completed
from its latest filing
IPO Year
2018
year it listed

Filings, by quarter

242 filings over 22 quarters; violet bars carry a milestone

  1. 17 Q4: 2 filings
  2. 18 Q1: 2 filings
  3. 18 Q2: 2 filings
  4. 18 Q3: 19 filings
  5. 18 Q4: 5 filings
  6. 19 Q1: 4 filings
  7. 19 Q2: 1 filing
  8. 19 Q3: 1 filing
  9. 19 Q4: 8 filings
  10. 20 Q1: 46 filings
  11. 20 Q2: 26 filings
  12. 20 Q3: 9 filings
  13. 20 Q4: 13 filings
  14. 21 Q1: 33 filings
  15. 21 Q2: 15 filings
  16. 21 Q3: 4 filings
  17. 21 Q4: 17 filings
  18. 22 Q1: 34 filings
  19. 22 Q2: 0 filings
  20. 22 Q3: 0 filings
  21. 22 Q4: 0 filings
  22. 23 Q1: 1 filing
  • S-1 filed 17 Q4
  • IPO 18 Q3
  • Definitive agreement 19 Q4
  • Completed 20 Q1

SPAC Overview

Where it stands on the road from S-1 to merger

Timeline Progress

About

Gores Holdings III is a newly organized blank-check company formed to identify and combine with a business. It may pursue opportunities in any industry and intends to leverage its management team's operational expertise.

Key Information

As the filings state it

IPO Date
2018-09-07
Total Redemptions
$2.2K
PIPE
$220M
Jurisdiction of Incorporation
Virginia
SIC
6770
Completion Date
2020-02-10
Merger Target
Shay Holding Corporation
SPAC Ticker
GRSH
Merged Ticker
PAE

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 and Andrew McBride; the team describes more than 80 years of combined operational, financial, investment and transactional experience. Its members have extensive private equity, operating and prior SPAC experience through The Gores Group, Gores Holdings I and Gores Holdings II.

External Resources