Gores Holdings VI, Inc.

Matterport, Inc. operates as a spatial data company that focuses on digitizing and indexing the built world. The firm's products include 3D content platform, pro2 3D camera, 360 cameras, virtual reality and mobile apps. It serves the residential real estate, engineering and construction, travel and hospitality, and commercial real estate sectors. The company was founded in 2011 and is headquartered in Sunnyvale, CA.

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The Special Purpose Acquisition Company (SPAC) begins trading publicly. During this phase, the SPAC looks for a target company to merge with.

SEARCHING PHASE

The SPAC announces which company it will be acquiring (and taking public).

PREVIOUS PHASE

Investors and shareholders will meet to approve the acquisition.

CURRENT PHASE

Matterport

Although MTTR stock features relevant underlying businesses, its poor performance thus far is emblematic of post-merger SPACs. The post With Matterport, It's Okay to be ‘SPAC-Phobic' appeared first on InvestorPlace.

With Matterport, It's Okay to be ‘SPAC-Phobic'

Spatial data company Matterport, Inc (NASDAQ: MTTR) will begin trading on the Nasdaq under the "MTTR" ticker symbol on Friday following a special purpose acquisition company (SPAC) merger with Gores Holdings VI Inc (NASDAQ: GHVI). Matterport has received $605 million in total cash.

Matterport To Make Public Debut On Friday Following SPAC Merger With Gores Holdings VI

SUNNYVALE, Calif. and LOS ANGELES, July 22, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, and Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, today announced the completion of their previously announced business combination (the "Business Combination").

Matterport And Gores Holdings VI Announce Closing of Business Combination

SUNNYVALE, Calif., July 19, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, which has entered into a definitive agreement for a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced the appointment of Brandt Kucharski as Chief Accounting Officer.

Matterport Appoints Chief Accounting Officer from Grubhub

SUNNYVALE, Calif., July 16, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, which has entered into a definitive agreement for a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced that Matterport is among the Top 50 small/mid-sized companies to receive a 2021 Comparably Best Company Leadership award.

Matterport receives Comparably Best Company Leadership award

SUNNYVALE, Calif., July 15, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world that has entered into a definitive agreement for a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced the expansion of Matterport Capture Serv ices ™ On-Demand to 14 new U.S. cities in Texas, Illinois, Washington, Colorado, Florida, Georgia and Idaho.

Matterport Expands its On-Demand Capture Services to an Additional 14 U.S. Cities

SUNNYVALE, Calif., July 13, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, which has entered into a definitive agreement for a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced its platform integration with the  PTC (NASDAQ: PTC)  Vuforia Engine ™ and  Vuforia Studio ™  augmented reality (AR) software offerings available within the  Vuforia ®  Enterprise Augmented Reality Suite.

Matterport and PTC Enable Customers to Create Augmented Reality Experiences for Large Spaces

BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings VI, Inc. (NASDAQ: GHVI, GHVIU, and GHVIW) (“Gores Holdings VI” or the “Company”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987, reminds stockholders to vote in favor of the approval of the Company's proposed business combination with Matterport, Inc. (“Matterport”), the spatial data company leading the digital transformation of the built world, and the related pro

Gores Holdings VI Reminds Stockholders to Vote in Favor of the Business Combination with Matterport, Inc.

Matterport and FocalAgent help drive up to 15% property sales uplifts Matterport and FocalAgent help drive up to 15% property sales uplifts

FocalAgent Selects Matterport to Revolutionise UK Home-Buying Experience

The SPAC's merger target continues to mature.

Why Gores Holdings VI Shares Popped 15% in June

The company just announced a research partnership with Facebook.

Why Shares of Gores Holding VI Were Soaring Wednesday

The stock price of Gores Holdings VI Inc (NASDAQ: GHVI) increased by 13.2% today. This is why it happened.

GHVI Stock Price Increased 13.2%: Why It Happened

SUNNYVALE, Calif., June 30, 2021 /PRNewswire/ -- Matterport, the spatial data company leading the digital transformation of the built world, which has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced a collaboration with Facebook AI Research (FAIR) through which it will make the largest-ever dataset of 3D indoor spaces available exclusively for academic, non-commercial uses.

Matterport and Facebook AI Research Collaborate to Release the World's Largest Dataset of 3D Spaces for Academic Research

BOULDER, Colo.--(BUSINESS WIRE)--Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW) (“Gores Holdings VI”), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987, announced that the Securities and Exchange Commission (the “SEC”) has declared effective its registration statement (the “Registration Statement”) on Form S-4 in connection with its previously announced proposed business combination with Matterport, Inc. (“Matt

Gores Holdings VI Announces Registration Statement Effectiveness and Special Meeting Date

This recent SPAC is going after a large market opportunity. Find out if it belongs in your portfolio.

Is Matterport Stock a Buy?

SUNNYVALE, Calif., June 21, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world which has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today celebrates a decade of breakthrough innovations and industry-firsts that are fundamentally improving the way people understand and interact with the physical world.

Matterport Celebrates 10 Years of Innovation, Growth and Pioneering Industry Leadership

Special purpose acquisition companies (SPACs) have taken over the market. These shell companies, essentially just a pile of cash, merge with private businesses to quickly take them public without going through the more arduous IPO process. One recent SPAC, Gores Holding VI (NASDAQ:GHVI), is going to merge with Matterport, a spatial data company looking to help bring about more digital transformation in the real estate and construction industries.

This SPAC target is growing like gangbusters, but does it belong in your portfolio?

This spacial data company looks promising. Should investors take a closer look before it's officially a public company?

Is Matterport a Buy Before the SPAC Merger?

SUNNYVALE, Calif., June 15, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world which has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced the appointment of Paul Thompson as Vice President of Solutions Engineering.

Matterport Appoints Google Cloud Executive as Vice President of Solutions Engineering

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These companies have products or services that will provide a long runway for stock growth.

Back the Truck Up for These 3 Growth Stocks

SYDNEY, June 8, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world which has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), today announced that one of Australia's leading realtors for sought-after Melbourne real estate, Jellis Craig Stonnington, is accelerating its use of Matterport 3D technology to power and differentiate its high-end property listings with more authentic and immersive real estate experiences for customers. Using Matterport, Jellis Craig Stonnington reduced its annual operating expenses by nearly AUD$200,000, achieved significant sales conversions, and leased 80 properties sight-unseen during a three-month period.

Jellis Craig Stonnington Leases Australia Properties Faster and Cuts Costs with Matterport

SUNNYVALE, Calif. and LONDON, June 7, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, which has entered into a definitive agreement to enter into a business combination with Gores Holdings VI (NASDAQ: GHVI, GHVIU, and GHVIW), has been selected by the University of Wolverhampton (UoW) School of Architecture and Built Environment (SoABE) to enhance its education programme, deliver innovative and COVID-19 safe learning experiences, and streamline its estate and facilities management.

University of Wolverhampton School of Architecture and Built Environment selects Matterport digital twin technology to deliver differentiated education experiences

The SPAC's merger with Matterport will likely close in the near future, and the augmented reality industry is heating up.

Why Gores Holdings VI Stock Climbed 11.3% Last Month

We discuss how Matterport is becoming the largest building management firm that owns no buildings and present our investment value proposition.

Matterport: The Becoming Of The Largest Building Management Firm That Owns No Building

SUNNYVALE, Calif., June 2, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, today began the roll out of Matterport Capture Serv ices ™ On-Demand in twelve major U.S. cities.

News for Gores Holdings VI, Inc. Stock (GHVI)