Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more. E*TRADE offers commission-free stocks, access to mutual funds and advanced trading tools. 333-252483) declared effective by the SEC on February 24, 2021). Only logged in subscribers of this site will be able to access the shared article. Finder makes money from featured partners, but editorial opinions are our own. Required fields are marked *. Gores Holdings VIII is a special purpose acquisition company (SPAC) controlled by an affiliate of asset management group Gores. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Information on household costs, public health impacts, building energy and water use, greenhouse gas emissions, land consumption, and transportation for scenarios can help identify the best land use option. Once Footprint goes public, you'll need a brokerage account to invest. WebFootprint is a materials science company founded to create a healthier planet. Pass it along to the KTAR News team here. Notably, Footprints 2023 revenue estimate can be achieved entirely with products that are developed and in market today and secured by customer contracts with leading blue-chip customers. Finder.com is an independent comparison platform and Footprint has been named a winner in the 2023 BIG Innovation Awards presented by the Business Intelligence Group. 1. information service that aims to provide you with information to help you make better decisions. It is going public via a merger with special-purpose acquisition corporation Gores Holdings VIII Inc., the companies said in a joint statement on Tuesday. With Amazon Amount of your choice Amount of your choice. Heres how to buy shares in the major tech companies, known as FAANG stocks. UrbanFootprint lets users look at current land use plans in their communities and visualize the potential for where new people, buildings, and urban amenities might go as population grows in the future. 84% of retail investor accounts lose money when trading CFDs with this provider. Footprint is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. A link has been emailed to you - check your inbox. Demand is closely linked to population and economic growth As economies and populations grow, demand for goods grows, as does the number of people with the desire and means to travel. These forward-looking statements generally are identified by the words believe, predict, project, potential, expect, anticipate, estimate, intend, strategy, future, forecast, opportunity, plan, may, should, will, would, should, will be, will continue, will likely result, and similar expressions (including the negative versions of such words or expressions). Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. "With corporations, regulators and consumers alike increasingly demanding high-quality, sustainable alternatives to single-use plastic, foam and other products, Footprint's solutions are capitalizing on a growing $315 billion annual market opportunity that is converting to environmentally friendly solutions as quickly as possible," the companies said in a press release statement. They're in some of the country's biggest supermarkets, including Walmart, Target, Costco, Whole Foods, Albertsons' Safeway, Kroger, Fry's, Aldi, Wegmans and Trader Joe's. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. Footprint is a leading material science company providing plant-based fiber solutions with extended shelf life comparable to plastic, generating strong demand from Fortune 100 companies seeking alternative solutions to meet their sustainability goals. Bloomberg News reported in August that Footprint was in talks to go public through a deal with a Gores SPAC at a valuation of as much as $3 billion. Your simple and straightforward guide to ETFs, how they work and the different types available. 45 on this year's CNBC Disruptor 50 list, at $1.6 billion following the SPAC merger's completion. 9 minutes. We want to hear from you. Is it worth buying? Accordingly, there can be no assurance that the prospective results are indicative of the future performance of Footprint or that actual results will not differ materially from those presented in the prospective financial information. 2023 CNBC LLC. WebAPTA American Public Transportation Association ASIF activitystructureintensityfuel BMRC Bangalore Metro Rail Corporation means to assess the carbon footprint of these transport projects, the EKB does not suggest diluting the development agenda in Asia. Why? CheckThemOut. Authors of the study go on to state that many consumers are unaware, misinformed or only have a rudimentary understanding of the carbon impact of their food purchasing habits. There was an explosion in SPAC deals earlier this year, but there are indications the space iscooling down. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Troy Swope, a co-founder and CEO of Footprint, Plant-based packaging-maker Footprint CEO on eliminating single-use plastic, entered into an agreement with the Phoenix Suns, Final call: Nominate a company for CNBC's 2023 Disruptor 50 list, Inside the 'Wormhole,' Relativity Space's monster factory 3D-printing reusable rockets, Fanatics to start livestreamed shopping of trading cards, collectibles. Users can make planning decisions based upon possible outcomes and identify future patterns of development for their community. Don't have an account? Strong revenue delivery with Q1 revenue up 133% from prior year, in addition to strong revenue against 2022 plan. The agreement with Gores Holdings VIII provides Footprint with $805m in gross proceeds, including $345m from the SPAC itself. Today, we are inventing and manufacturing solutions that replace short-term use plastic. We look forward to partnering with Troy and his exceptional, innovative management team as Footprint accelerates its powerful mission and solidifies its position at the forefront of the industry as a public company., Mark Stone, Senior Managing Director of The Gores Group and CEO of Gores Holdings VIII, said: Footprint offers game-changing materials science solutions that are the gold standard in the industry as the world transitions to plastic alternatives. It is also believed that the current owners might welcome Bezos to their ranks. Moelis & Company LLC is also acting as financial advisor to Gores Holdings VIII. Additional Information about the Proposed Transaction and Where to Find It. Footprints team of engineers use plant-based fiber technology to design, develop and manufacture biodegradable, compostable, and recyclable products that compete with plastics cost, and exceed its performance. The definitive proxy statement/final prospectus and other relevant documents will be sent to all Gores Holdings VIII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at a meeting of Gores Holdings VIIIs stockholders to be held to approve the proposed business combination and other matters (theSpecial Meeting). Police are searching for an armed man after receiving reports of shots fired in Queen Creek, temporarily locking down a school and placing residents on alert. Investors and security holders will also be able to obtain free copies of the definitive proxy statement/final prospectus and all other relevant documents filed or that will be filed with the SEC by Gores Holdings VIII through the website maintained by the SEC at www.sec.gov, or by directing a request to Gores Holdings VIII, Inc., 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer Kwon Chou or by contacting Morrow Sodali LLC, Gores Holdings VIIIs proxy solicitor, for help, toll-free at (800) 662-5200 (banks and brokers can call collect at (203) 658-9400). KTARs Community Spotlight focuses on the Boys & Girls Club of the Valley and the work to incorporate esports into children's lives. In July, the company also agreed with the Phoenix Suns, re-naming the NBA teams home complex to Footprint Center. The balance sheet strength of the combined company is anticipated to enable Footprint to expand our operations and geographic reach as we scale our technology to meet record customer demand., Alec Gores, Chairman and CEO of The Gores Group and Chairman of Gores Holdings VIII, said: Footprint is a true pioneer and disruptor in sustainability, delivering leading technology and solutions that are revolutionizing the use of plant-based materials. Actual results may differ as a result of the completion of the Footprints financial reporting period closing procedures, review adjustments and other developments that may arise between now and the time such financial information for the period is finalized. The deal, which is subject to the approval of Gores Holdings VIIIs stockholders, is expected to close in the first half next year. The PIPE, priced at $10 a share, was backed by Koch Strategic Platforms among others and Koch separately committed to provide $150 million in preferred financing. GILBERT, Arizona & LOS ANGELES December 14, 2021 Footprint International Holdco, Inc. (Footprint or the Company), a global materials science technology company focused on sustainable solutions, and Gores Holdings VIII, Inc. (Gores Holdings VIII) (Nasdaq: GIIXU, GIIX and GIIXW), a special purpose acquisition company formed by an affiliate of The Gores Group, LLC (The Gores Group) today announced that they have entered into a definitive merger agreement that, subject to the consummation of the transaction, will result in Footprint becoming a publicly listed company. Founded in 2014 by former Intel engineers Troy Swope and Yoke Chung, Footprint offers plant-based packaging solutions for companies such as Walmart, McDonald's, Kraft Heinz and Nestle to help cut carbon emissions and landfill waste. Hobbs wants to get rid of Border Strike Force, reroute funding, Cochise County votes to gives Republican recorder election duties through 2024, Police search for armed man after reports of shots fired near Queen Creek neighborhood, Valley Boys & Girls Club uses esports to help kids make healthy choices, Sports gambling can be fun for adults, but its a dangerous game for children, Why DISC is world renowned for back and neck pain treatments. For more information, please visit www.gores.com. Facilitates dialogue between and across state, local, and regional agencies. Gores is among Wall Streets most prolific SPAC dealmakers. Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. Everything we know about the Neuraxis IPO, plus information on how to buy in. The company, which entered a multiyear naming rights deal with the Suns for Footprint Center in downtown Phoenix in July, will merge with Gores Holdings VIII. Footprint, an Arizona-based materials science technology company known for its plant-based packaging, will make its market debut by merging with blank-check firm Gores Holdings VIII. Were helping retailers, CPGs, and food companies transition to plant-based solutions, reduce CO2 emissions, cut landfill waste, and reach sustainability goals. articles a month for anyone to read, even non-subscribers! Creates a common platform for stakeholders to depict a wide range of land use and planning concepts and scenarios. To date, affiliates of The Gores Group have announced or closed ten business combinations representing approximately $60 billion in transaction value which include: Hostess (Gores Holdings, Inc.), Verra Mobility (Gores Holdings II, Inc.), PAE (Gores Holdings III, Inc.), Luminar (Gores Metropoulos, Inc.), United Wholesale Mortgage (Gores Holdings IV, Inc.), Ardagh Metal Packaging (Gores Holdings V, Inc.), Matterport (Gores Holdings VI, Inc.), Sonder (pending; Gores Metropoulos II, Inc.), Polestar (pending; Gores Guggenheim) and Footprint (pending; Gores Holdings VIII, Inc.). Materials science company Footprint on Tuesday agreed a merger and initial public offering (IPO) deal with special purpose acquisition company (SPAC) Gores Holdings VIII (GIIX), valuing the company at around $1.6bn (1.2bn). Steps to investing in the Vanguard (VTI) Total Stock Market ETF. Footprint, founded in 2014, offers plant-based solutions to help companies cut carbon emissions and landfill waste. The material provided on this website is for information purposes only and should not be understood as an investment advice. Everything we know about the Brera IPO, plus information on how to buy in. Footprint International Holdco Inc., a maker of coating technologies that allow plant-based materials to compete with traditional plastic-based materials. Her background includes editing more than 40 published books, including books on personal finance and meditation. A Silver Alert was issued Tuesday evening for a 80-year-old man with a medical condition last seen in Queen Creek. 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There may be additional risks that neither Gores Holdings VIII or Footprint presently know or that Gores Holdings VIII or Footprint currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Looking to invest in tech? Complete an application with your details. We're changing the world. It is going Footprint International Holdco Inc., a maker of coating technologies that allow plant-based materials to compete with traditional plastic-based materials. Everyone knows that plastic is a major problem, thanks to A list of the names of those directors and executive officers of Gores Holdings VIII and a description of their interests in Gores Holdings VIII is set forth in Gores Holdings VIIIs filings with the SEC (including Gores Holdings VIIIs final prospectus relating to its initial public offering (File No. Upon closing of the proposed transaction, the combined company will be named Footprint International, Inc. and is expected to be listed on NASDAQ under the ticker symbol FOOT. The combined company will be led by Troy Swope, Co-Founder and Chief Executive Officer of Footprint, and is expected to have a pro forma enterprise value of $1.6 billion at the closing of the proposed transaction. Additional information regarding the names and interests of such participants will be contained in the Registration Statement for the proposed business combination when available. Finder is a registered trademark of Hive Empire Pty Ltd, and is used under license by Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease. The transaction is slated to give the combined company an enterprise value of $1.6 billion at its completion assuming there are no redemptions, according to a statement Tuesday confirming an earlier Bloomberg News report. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Footprint has a clear vision to create a healthier planet and healthier people. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Management of Footprint and Gores Holdings VIII will host an investor conference call on Tuesday, December 14, 2021 at 9:00 am EST to discuss the proposed business combination. Talk with a financial professional if you're not sure. Who controls Fox news? Footprint offers game-changing materials science solutions that are the gold standard in the industry as the world transitions to plastic alternatives, Mark Stone, The Gores Group senior managing director and Gores Holdings VIII CEO, said in the release. A range of premier consumer brands, representing the largest and most significant food, beverage and consumer products companies globally and primarily Fortune 100 companies, have chosen Footprint as their innovation partner. Dawn Daniels is a publisher with Finder, based out of Oregon. If you rely on the information on this page then you do so entirely on your own risk. Their customers include Walmart (WMT.N), McDonalds (MCD.N), Kraft Heinz Co (KHC.O), and Nestle (NESN.S). Footprint was named to the 2020 Fortune Change the World list in 2020, is a member of the World Economic Forums Global Innovators Community and was named a CNBC Disruptor 50 company in 2021. Finder is not a client of any featured partner. The footprint was founded in 2014 as a material science company using plant-based fiber technology. Here's what we know about the IPO and how to buy Footprint stock when it's available. In July, the company also entered into an agreement with the Phoenix Suns, re-naming the NBA team's home complex to Footprint Center, while also working with the sports team to eliminate single-use plastic and test new technologies at their facility. WebWhat is UrbanFootprint? We may receive compensation from our partners for placement of their products or services. That not only reduces unnecessary waste from entering the environment, but it also reduces exposure to toxic chemicals found in plastic. The proceeds also consist of an oversubscribed private investment of $460m. The deal is expected to value Footprint at $1.6 billion following the SPAC merger's completion. As a result, these estimates are preliminary, may change and constitute forward-looking information and, as a result, are subject to risks and uncertainties. Gores Holdings VIII, Inc.s strategy is to identify, acquire and, after the initial business combination, to build a company in an industry or sector that complements the experience of its management team and can benefit from their operational expertise. 5. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. In the major tech companies, known as FAANG stocks Tuesday evening for a 80-year-old man a... Possible outcomes and identify future patterns of development for their community children 's lives incorporate esports into 's. 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