Gores Holdings VI, Inc. Files Quarterly Report
Gores Holdings VI, Inc. (Nasdaq: GHVI) filed its Quarterly Report on Form 10-Q for Q1 2021 with the SEC on May 27, 2021. Prior to this filing, the Company received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the late Form 10-Q submission. However, on June 1, 2021, Nasdaq confirmed that GHVI is now in compliance with the Rule. Gores Holdings VI aims to merge or acquire businesses that align with its management team's expertise.
- Gores Holdings VI is now in compliance with Nasdaq Listing Rule 5250(c)(1) after receiving initial notice of non-compliance.
- Delay in filing Form 10-Q may raise concerns about the Company's operational efficiency.
Gores Holdings VI, Inc. (Nasdaq: GHVI) (the “Company”), announced today that, on May 27, 2021, it filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”).
The Company previously reported on May 27, 2021 prior to filing the Form 10-Q, that it received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company failed to timely file its Form 10-Q with the SEC. The Notice had no immediate effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. On June 1, 2021, the Company received confirmation from Nasdaq stating that it is now in compliance with the Rule.
About Gores Holdings VI, Inc.
The Company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company's strategy is to identify, acquire and, after the initial business combination, to build a company in an industry or sector that complements the experience of its management team and can benefit from their operational expertise.
Forward-Looking Statements
This press release may include “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release are forward-looking statements. Words such as “expect,” “estimate,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results, including those under “Risk Factors” in the Annual Report on Form 10-K, filed March 12, 2021, as amended on Form 10-K/A filed on May 19, 2021, and in subsequent reports filed with the SEC. Most of these factors are outside the Company’s control and are difficult to predict. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
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