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. Numerous websites and internet services employ text messages sent via SMS for multi-factor authentication and password resets. SPACS are publicly listed companies that are raised to merge with a private company at a later date. Footprint is rapidly expanding into new categories with customized and patented solutions for customers. Neither Gores Holdings VIII nor Footprint gives any assurance that either Gores Holdings VIII or Footprint will achieve its expectations. Footprints 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. Stocks, Bonds, Options, Mutual funds, ETFs, INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE, Stocks, Bonds, Options, Mutual funds, ETFs, Futures. Stocks, ETFs, Cryptocurrency, Alternatives. Still, valuations have gained as money managers are also increasingly factoring in ESG policies in their investments. The foregoing list of factors is not exhaustive. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. Build a CFD portfolio with your favourite companies. Gores Holdings VIII may also file other documents regarding the proposed business combination with the SEC. This Press Release contains financial forecasts with respect to Footprints projected financial results, including revenue. The materials science business, which specializes in sustainable food packaging made from plant-based fibers, expects to be listed on NASDAQ as FOOT when the deal is finalized. Use the training services of our company to understand the risks before you start operations. 9 minutes. information service that aims to provide you with information to help you make better decisions. The agreement with Gores Holdings VIII provides Footprint with $805m in gross proceeds, including $345m from the SPAC itself. Planning is inherently about vision. Cochise County voted Tuesday to give responsibility for elections through 2024 to the county's elected Republican recorder. 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. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. Place your bet on your favorite Indian cricket team directly on your phone! Certain statements in this press release (Press Release) may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of the federal securities laws with respect to the proposed business combination between the Gores Holdings VIII and Footprint, including statements regarding the benefits of the proposed business combination, the anticipated timing of the proposed business combination, the likelihood and ability of the parties to successfully consummate the proposed business combination and the PIPE investment, the amount of funds available in the trust account as a result of shareholder redemptions or otherwise, the services offered by Footprint and the markets in which Footprint operates, business strategies, debt levels, industry environment, potential growth opportunities, the effects of regulations and Gores Holdings VIIIs or Footprints projected future results. 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. Today, we are inventing and manufacturing solutions that replace short-term use plastic. 333-252483) declared effective by the U.S. Securities and Exchange Commission (the SEC) on February 24, 2021. Gores Holdings VIII, Inc. (Nasdaq: GIIXU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, founded by Alec Gores. Gores is among Wall Streets most prolific SPAC dealmakers. Your email address will not be published. How likely would you be to recommend finder to a friend or colleague? Capital Com SV Investments Limited is regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 319/17. Footprint is rapidly expanding into new categories with customized and patented solutions for customers. Capital Com SV Investments Limited, company Registration Number: 354252, registered address: 28 Octovriou 237, Lophitis Business Center II, 6th floor, 3035, Limassol, Cyprus. 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. 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. As a dynamic tool, UrbanFootprint provides a way to have an organized, recordable, and consistent method to visualize land use options and estimate future outcomes. Shitcoin called BONK jumps 900% in a week: Dump Alert! A second teenage boy has been arrested in connection with a fatal drive-by shooting earlier this month in midtown Phoenix, authorities said Monday. We may also receive payment if you click on certain links posted on our site. Capital Com is an execution-only service provider. Jun 1, 2022 6:00AM EDT. 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. Today marks an exciting inflection point in our seven-year history inventing new materials that challenge the status quo.. What communities wish to see in their neighborhoods, how they choose to go about their day to day routine, and what it takes to get there, literally and figuratively. That not only reduces unnecessary waste from entering the environment, but it also reduces exposure to toxic chemicals found in plastic. 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. By: Katherine Martinelli. Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease. UrbanFootprint is a tool to help the public and public officials determine the best scenarios and outcomes for their communities, using scientific 8 For carbon labelling to be fully embraced by consumers, there is a need for broad-based education programmes and initiatives such as the carbon footprint Finder makes money from featured partners, but editorial opinions are our own. The merger is expected to take place in the first half of 2022. 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. So the footprint of Eurostar is around 4% of a flight: [ 6 / 156 *100 = 4%]. The footprint is expected to begin trading on the Nasdaq in the first half of 2022 under the ticker symbol FOOT, Your email address will not be published. Footprint to go public via merger with Gores-backed SPAC Footprint, a global materials science technology company focused on sustainable solutions, has With Footprint, we have been impressed by the companys innovative culture and strong traction with customers based on their unique plant-based solutions produced at compelling economics. We may receive compensation from our partners for placement of their products or services. Optional, only if you want us to follow up with you. Learn about our diverse team of engineers, scientists and changemakers. (Podcast). Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more. Everything we know about the Brera IPO, plus information on how to buy in. Provides an effective tool for decision makers, public agency staff, and the public to identify land use planning options. Footprint, an Arizona-based materials science technology company known for its plant-based packaging, will make its market debut by merging with blank-check Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Current Footprint equity holders will retain approximately 62% ownership in Footprint and roll 100% of their equity interests into the pro forma company. 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. Additional Information about the Proposed Transaction and Where to Find It. 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). SPACs or special purpose acquisition companies raise capital from public markets and use that cash to merge with a private company, with the goal of taking the company public within a two-year period. Footprints products have already led to a global redirection of 61 million pounds of plastic waste from entering the air, earth, and water working with leading global consumer brands. Everything we know about the Neuraxis IPO, plus information on how to buy in. Find out how stock lending works, the extra income you could potentially earn and the risks you should be aware of. We want to hear from you. Footprints blue-chip customer base includes Conagra, General Mills, Gillette, JBS Foods, Kraft, McDonalds, Sweetgreen, Nestle, Upfield, Procter & Gamble, Quaker, Taylor Farms, Tyson, Unilever and Walmart. 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. For the company going public, a merger with a blank-check company serves as an alternative to a traditional IPO. Recognized by Business Intelligence Group for culture, products, and people. Our plant-based fiber solutions are designed to be digestible by the earth. Register now to read this article and more for free. Company will trade on the Nasdaq under FOOT ticker, Firms packaging helps customers reduce their carbon emissions. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The documents described in this paragraph are available free of charge at the SECs web site at www.sec.gov, or by directing a request to Gores Holdings VIII, Inc., 6260 Lookout Rd., Boulder, CO 80301, attention: Jennifer Kwon Chou. Footprint, founded in 2014, offers plant-based solutions to help companies cut carbon emissions and landfill waste. Creates an outlet for local and regional public agencies to coordinate and leverage planning efforts. Techstory.in is a website about exciting startup stories and inspiring entrepreneur journeys. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. 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. Footprint, a materials-science technology company seeking to eliminate single-use plastic, agreed to merge with Gores Holdings VIII Inc., a special purpose acquisition company led by billionaire Alec Gores. If you shop on Amazon you can help support CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that the proposed business combination may not be completed in a timely manner or at all, which may adversely affect the price of Gores Holdings VIII securities; (ii) the risk that the proposed business combination may not be completed by Gores Holdings VIIIs business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Gores Holdings VIII; (iii) the failure to satisfy the conditions to the consummation of the proposed business combination and PIPE investment, including the approval of the proposed business combination by Gores Holdings VIIIs stockholders, the satisfaction of the minimum trust account amount following redemptions by Gores Holdings VIIIs public stockholders and the receipt of certain governmental and regulatory approvals; (iv) the failure to obtain financing to complete the proposed business combination, including to consummate the PIPE investment, (v) the effect of the announcement or pendency of the proposed business combination on Footprints business relationships, performance, and business generally; (vi) risks that the proposed business combination disrupts current plans of Footprint and potential difficulties in Footprints employee retention as a result of the proposed business combination; (vii) the outcome of any legal proceedings that may be instituted against Gores Holdings VIII or Footprint related to the agreement and the proposed business combination; (viii) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination (ix) the ability to maintain the listing of the Gores Holdings VIIIs securities on the NASDAQ; (x) the price of Gores Holdings VIIIs securities, including volatility resulting from changes in the competitive and highly regulated industries in which Footprint plans to operate, variations in performance across competitors, changes in laws and regulations affecting Footprints business and changes in the combined capital structure; (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed business combination, and identify and realize additional opportunities; and (xii) other risks and uncertainties set forth in the section entitled Risk Factors and Cautionary Note Regarding Forward-Looking Statement in Gores Holdings VIII final prospectus relating to its initial public offering (File No. Information to help companies cut carbon emissions and landfill waste cricket team directly on your favorite Indian cricket team on! 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