Successfully merged with United Wholesale Mortgage, LLC • Now trading as UWMC
SPAC Overview
$400M
IPO Size
$425M
Trust (as of 2020-12-31)
Completed
Current Status
2020
IPO Year
Timeline Progress
About
Gores Holdings IV is a blank-check company seeking to complete an initial business combination. It may pursue an opportunity in any industry and intends to use the management team's operational expertise in identifying and managing a target.
The terms and the filing trail behind Gores Holdings IV, 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
Alec Elias Gores
Chairman of the Board of Directors
Mat Ishbia
Chairman of the Board of Directors, Chief Executive Officer, President, President and Chief Executive Officer
Mark Stone
Chief Executive Officer
Alex Elezaj
Chief Strategy Officer, Director, Executive Vice President
Laura Lawson
Chief People Officer, Director, Executive Vice President
Melinda Wilner
Chief Operating Officer, Director, Executive Vice President
Tim Forrester
Chief Financial Officer, Executive Vice President
Andrew Mcbride
Chief Financial Officer, Secretary
Isiah Thomas
Director
Jeff Ishbia
Director
Jeffrey Gene Rea
Director
Justin Ishbia
Director
Kelly Czubak
Director
Randall Bort
Director
Robert Verdun
Director
William Patton
Director
Extended Team Information
Led by Alec Gores, with Mark Stone and Andrew McBride; the team describes over 80 years of combined operational, financial, investment and transactional experience and has a history of prior Gores SPACs and business combinations.
Stock Performance
UWMC
Trading Symbol
First Trade
2020-05-01
$10.15
At Merger
2021-01-22
$11.35
+12%
6 Months Post-Merger
2021-07-27
$7.53
-34%
1 Year Post-Merger
2022-01-26
$5.30
-53%
2 Years Post-Merger
2023-01-24
$4.36
-62%
Current Price
2026-10-02
$1.27
-87%
Key Information
IPO Date
2020-01-24
Total Redemptions
$208K
PIPE
$500M
State of Incorporation
DE
SIC
6770
Completion Date
2021-01-21
Merger Target
United Wholesale Mortgage, LLC
SPAC Ticker
GHIV
Merged Ticker
UWMC