Polestar aims for $20B valuation in planned merger with Gores Guggenheim
Teslarati
SEPTEMBER 27, 2021
Swedish electric car startup Polestar is already backed by countrymate Volvo, but the automaker is now planning to merge with SPAC Gores Guggenheim to list shares on Nasdaq and raise around $1 billion to expand manufacturing lines. is acting as a financial advisor and lead capital markets advisor to Gores Guggenheim.
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