Rhea-AI Summary
Gores Holdings VIII, Inc. has announced the pricing of its initial public offering (IPO) of 30 million units at $10.00 each, planned to trade on the Nasdaq under the ticker symbol GIIXU starting February 25, 2021. Each unit includes one share of Class A common stock and one-eighth of a warrant, with the full warrant allowing for the purchase of additional shares at $11.50 each. Deutsche Bank Securities Inc. is the book-running manager and has an option to purchase an additional 4.5 million units to cover over-allotments.
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