PE-owned Gores Holding debuts IPO

By Iris Dorbian — 2 weeks ago

Los Angeles-based Gores Holdings II Inc, a blank check company owned by The Gores Group, has raised $375 million for its IPO after pricing its 37.5 million shares at $10 per share. The stock began trading January 13, 2017 on the NASDAQ under the ticker symbol “GSHTU.” Deutsche Bank Securities is the underwriter.