Gores Metropoulos II Inc (GMIIU)

[db7]

https://www.bloombergquint.com/business/lodging-firm-sonder-is-said-to-reach-gores-metropoulos-spac-deal

[db7]

https://ih.advfn.com/stock-market/NASDAQ/gores-metropoulos-ii-GMIIU/stock-news/84968188/sonder-a-next-generation-hospitality-company-to

[pcjockey]

thanks.

[db7]

not as of yet; bloomberg rumored on 2 other gores spacs and if i recall correctly, the official announcement came within 3 days on the one and about 10 days on the other(?)

possibly this week or next(?)

[pcjockey]

Thanks. Sonder, like the ride-sharing version of apartments. So, I gather no official announcements have been made yet.

[db7]

bloomberg rumors at this point, although their hit ratio is pretty high from what i've seen-

[pcjockey]

What's the merger here? rumored or real?

[Scandle34]

missed that - fully committed elsewhere right now. Someone heard something.

[db7]

Sonder, "backed by Jeff Bezos and Elon Musk." ->

https://www.cnbc.com/2021/02/20/how-francis-davidson-started-sonder-in-college-apartment.html

[db7]

https://en.wikipedia.org/wiki/Sonder_Corp.

[db7]

https://www.bloomberg.com/news/articles/2021-04-07/lodging-firm-sonder-is-said-in-talks-with-gores-metropoulos-spac

[db7]

wiggling....fat finger or something coming???

[db7]

in GMIIW $1.135avg

[db7]

Gores, sounds like a lot of flow: https://labusinessjournal.com/news/2021/mar/08/business-person-year-2021-alec-gores/

[db7]

"Announces the Separate Trading of its Class A Common Stock and Warrants Commencing March 15, 2021"

[Scandle34]

THBR/Indie Semi is close to NAV and in final S4 amendments, so I'd say risk/reward & time it's top of my list. Still your logic here is sound.

[db7]

Appreciate your response; Gores 6 (GHVI/GHVIW, Matterport) had a deal lined up and waiting for the units to split to common/warrants. Obviously, not saying that will be the case here but it's possible.

As it's close to NAV, it seems safe to get in now even if early 'and' will get some free'ish warrants out of it.

Gores seems about 50% hit rate for good deals; we only have the 1 Gores/Metro to look at (LAZR, Luminar) which obviously was a huge success.

Even if extremely early... even if market dives... even if no deal ever happens here......... the downside seems limited. I can't think of a better risk/reward profile(?)


g/l!

[Scandle34]

as beaten up as SPACS are now there are a number of promising SPACs days away from completing mergers trading within 10% of NAV. Before the correction going in this early made sense to me. Now it seems being overly patient, but not unsound. Best of luck.

[db7]

Units splitting into common/warrants 'soon'(?) Loaded the boat today with a $10.19 avg; assuming/hoping this will be a SPAC that not only survives 'but' has a chance at thriving........


time will tell-

[db7]

Gores Metro I became LAZR/LAZRW.. now onto number 2...