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EV company Polestar may go public through merger with Gore Guggenheim SPAC

EV company Polestar may go public through merger with Gore Guggenheim SPAC

9/27/2021 3:24:00 AM

EV company Polestar may go public through merger with Gore Guggenheim SPAC

Polestar is nearing a deal to go public through a merger with a special-purpose acquisition company that would value the Swedish electric-vehicle maker at...

Polestar, owned by Chinese car maker Zhejiang Geely Holding Group Co., is in advanced talks with Gores Guggenheim Inc. GGPI, +0.30% and could reach a deal this week, the people said, assuming talks don’t fall apart.Polestar focuses on high-performance electric cars, positioning itself as a rival to Tesla Inc. TSLA, +2.75% and Lucid Group Inc. LCID, +0.04%.

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WSJ News Exclusive | Gores Guggenheim SPAC Nears Deal to Combine With PolestarPolestar is nearing a deal to go public through a merger with a special-purpose acquisition company that would value the Swedish electric-vehicle maker at $20 billion including debt. thanks To all those Bitcoiner’s working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick with her lisamiaBTC Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success.

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