Deal snapshot: Electric Performance Car Company Polestar Closes Merger with SPAC.

MANews-(C)2009-2022

Swedish electric performance car company Polestar Performance AB and its affiliates, and US-based special purpose acquisition company Gores Guggenheim, Inc. (NASDAQ: GGPI), formed by affiliates of The Gores Group and Guggenheim Capital, LLC, have closed a business combination first reported last September, the companies said.

With closing of the proposed business combination, the combined company will be held...

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