- SPACs
- Gores Holdings III, Inc.
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
- 17 Q4: 2 filings
- 18 Q1: 2 filings
- 18 Q2: 2 filings
- 18 Q3: 19 filings
- 18 Q4: 5 filings
- 19 Q1: 4 filings
- 19 Q2: 1 filing
- 19 Q3: 1 filing
- 19 Q4: 8 filings
- 20 Q1: 46 filings
- 20 Q2: 26 filings
- 20 Q3: 9 filings
- 20 Q4: 13 filings
- 21 Q1: 33 filings
- 21 Q2: 15 filings
- 21 Q3: 4 filings
- 21 Q4: 17 filings
- 22 Q1: 34 filings
- 22 Q2: 0 filings
- 22 Q3: 0 filings
- 22 Q4: 0 filings
- 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
- Registration2017-11-22 Filed S1
- IPO2018-09-07 IPO, search begins
- Definitive Agreement2019-11-01 Agreement for merger
- Completed2020-02-10 Merger Completed
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.