Polestar Starts Shipping for 65,000 Unit Hertz Contract

by BA Research | Jun 9, 2022

GGPI shares hovering around NAV ahead of June 22nd vote. And the rest of the day’s news in SPACs.

————————————————-
Free Investor Resources from Boardroom Alpha
—————————————————-
** Podcast: Know Who Drives Return
** Daily SPAC Newsletter
** Full SPAC Listing

GGPI / Polestar starts shipments for Hertz Contract

Swedish electric vehicle manufacturer Polestar has begun delivering new Polestar 2 electric cars to Hertz (HTZ) as part of the agreement announced in April 2022. Polestar will supply the global car rental giant with 65,000 cars over the next five years. Gores Guggenheim (GGPI) shares been hovering around their $10 NAV since hitting a 52-week high of $16.41. Merger vote June 22nd.

GLAQ Delays Vote, Adds FPA to Forafric Deal

Globis Acquisition Corp. (GLAQ) meeting was adjourned and the company entered into an FPA to purchase 1,500,000 shares non redeemed at $10.80 in 3 months. GLAQ is expected to merge with African agribusiness Forafric.

Forge Global Announces Warrant Redemption

March deSPAC Forge Global (FRGE) announced it will be calling its outstanding warrants and forward purchase warrants for shares in an effort to streamline its capital structure. FRGE shares closed at $10.52, down 27% today.

SPKB / Eleusis Deal Terminated

Silver Spike Acquisition Corp. II (SPKB) terminates merger with Eleusis, a clinical-stage psychedelics life science company, as a result of “unfavorable market conditions.”

SPAC Daily Movers

SPAC Calendar

More from Boardroom Alpha

For ongoing tracking, analytics, and data on SPACs checkout Boardroom Alpha’s SPAC Data and Analytics service.

Recent Analysis

Executive Moves Update – August 29, 2025

This week’s executive moves include Philip Carter at AMD, Jamie McConnell at Chipotle, and Martin Patterson at Liberty Broadband, among others.

Daily SPAC Update – August 29, 2025

Breeze DeSPACs to YD BioPharma. New Sponsor/Team at Armada Acquisition II. NMP Acquisition Separate Trading. Cantor / BSTR Release New Investor Deck.

Daily SPAC Update – August 28, 2025

Meteora’s Vikas Mittal files for Bitcoin Infrastructure Acquisition $200M IPO. DT Cloud Acquisition Extension Approved. Corner Growth Asking Shareholders to Approve Capital Increase.

Daily SPAC Update – August 27, 2025

Another Crytpo SPAC Deal as Trump + Crypto.com Team Up. M3-Brigade IPOs Another SPAC. Calm Digital IPOs for $200M. Dynamix Ticker Change Pre-DeSPAC.

Daily SPAC Update – August 26, 2025

Alchemy + Cartiga and Inflection Point III + A1R WATER Deals Announced. Southport + Angel Studios Deal Approved. New Deal Deck for Ares II and Kodiak.

Subscribe to Boardroom Alpha Newsletters

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by BA that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.