Matterport, Inc.
(Gores Holdings VI Inc)
In talks with Matterport, Inc.
Matterport has defined the spatial data category for the built world with its market-leading platform that turns any physical space into an immersive 3D digital twin. The Company has created the largest spatial data library in the world, with more than 10 billion square feet of space and growing. Millions of buildings in more than 150 countries have been digitized, from homes, office spaces, museums and schools to factories, hospitals, and retail stores.
Rumor from
SPAC Details
SPAC Ticker : GHVI
New Ticker : MTTR
Status : Completed
Sector :
Target :
not announced
Trust account : $ 345.0 million
Underwriters : Deutsche Bank, Morgan Stanley
Lawyers :
IPO : Dec. 11, 2020
Target Announced : Feb. 08, 2021
Merger Closed : Jul. 22, 2021
Liquidation : Dec. 10, 2022
Chairman & CEO : Raymond J. Pittman
Chief Financial Officer : James Daniel Fay
Chief Technology Officer : Japjit Tulsi
Chief Revenue Officer : Jay Remley
Co-Founder & Chief Scientist : David Gausebeck
Chief of Staff to CEO and VP of Strategy & Operations : Florence Shaffer
Chief Accounting Officer : Peter Presunka
Chief Information Officer : Pranab Sinha
VP of Investor Relations : Soohwan Kim C.F.A.
Gen. Counsel & Corp. Sec. : Judi L. Otteson
Performance
Common Price : $ 3.77
NAV : $ 10.00
Premium to NAV : -62%
Warrant Price : $
Warrant Strike : $ 11.50
Warrant Intrinsic Value : $ 0.00
Total Return : -65%
Annualized Return : -44%
Annualized Volatility : 94%
Sharpe Ratio : -0.61
Maximum Drawdown : 92%
Matterport, Inc.
Matterport has defined the spatial data category for the built world with its market-leading platform that turns any physical space into an immersive 3D digital twin. The Company has created the largest spatial data library in the world, with more than 10 billion square feet of space and growing. Millions of buildings in more than 150 countries have been digitized, from homes, office spaces, museums and schools to factories, hospitals, and retail stores.
Target announced on Feb. 08, 2021
Merger closed on Jul. 22, 2021
Valuation
Shares outstanding : 287.4 million
Current Equity Value at $ per share :
$ 652.3 million
Pro forma Equity Value at Target Announcement : $ 2.9 billion
Pro forma Enterprise Value at Target Announcement : $ 2.3 billion
No graph available.
Source: Investor presentation. For the latest financial projections please refer to the investor relations department of the company.