will footprint go public

With Footprint, we have been impressed by the companys innovative culture and strong traction with customers based on their unique plant-based solutions produced at compelling economics. it's been delivered there. Required fields are marked *. The documents described in this paragraph are available free of charge at the SECs web site at www.sec.gov, or by directing a request to Gores Holdings VIII, Inc., 6260 Lookout Rd., Boulder, CO 80301, attention: Jennifer Kwon Chou. It's impossible to predict how any stock will perform and IPOs can be particularly volatile. Demand is closely linked to population and economic growth As economies and populations grow, demand for goods grows, as does the number of people with the desire and means to travel. Place your bet on your favorite Indian cricket team directly on your phone! How many planets does it take to support your lifestyle? call +44 20 3097 8888 support@capital.com, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 2023 Capital Com SV Investments Limited. Were Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed business combination may be obtained by reading the Registration Statement regarding the proposed business combination when it becomes available. PHOENIX Footprint, the Gilbert company with naming rights to the Phoenix Suns arena, announced Tuesday that its agreed to become a publicly traded The deal nets Joby $1.6 billion and values the company at $6.6 billion. Footprint offers plant-based packaging solutions Photo: Footprint Content Materials science company Footprint on Tuesday agreed a merger and initial public Footprint and the Suns are aiming to get fans involved, from videos talking about sustainability and how to manage their trash on the giant scoreboard during games, to encouraging people to sign up for a climate pledge initiative to cut plastics from their lives. Footprint is scaling to meet the leading sustainability companies' plans to eliminate single-use plastics. 2023 CNBC LLC. Materials science company Footprint Inc has agreed to go public through a merger with a blank-check firm led by billionaire Alec Gores, in a deal that values the Founded in 2014 by former Intel engineers Troy Swope and Yoke Chung, Footprint offers plant-based packaging solutions for companies such as Walmart, McDonald's, Kraft Heinz and Nestle to help cut carbon emissions and landfill waste. Footprint is a materials science company founded to create a healthier planet. These projections should not be relied upon as being necessarily indicative of future results. Gores is among Wall Streets most prolific SPAC dealmakers. 9 minutes. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Troy Swope, a co-founder and CEO of Footprint, Plant-based packaging-maker Footprint CEO on eliminating single-use plastic, entered into an agreement with the Phoenix Suns, Final call: Nominate a company for CNBC's 2023 Disruptor 50 list, Inside the 'Wormhole,' Relativity Space's monster factory 3D-printing reusable rockets, Fanatics to start livestreamed shopping of trading cards, collectibles. The company employs more than 2,500 employees, with operations in the U.S., Mexicali, Europe, and Asia. UrbanFootprint can be used for policy development at the local, regional, and state level: Promoting sustainability, health and equity across the State, Transformative Climate Communities Program (TCC), Affordable Housing and Sustainable Communities (AHSC), Sustainable Agricultural Lands Conservation (SALC). Increasing consumer and corporate demand for sustainable alternatives to plastic have created a tremendous, growing market opportunity that is expected to continue to fuel Footprints rapid growth and customer traction, Gores Holdings VIII chair Alec Gores said. It includes $345 million from the special purpose acquisition companys trust account. We may also receive compensation if you click on certain links posted on our site. Founded in 2014 by Troy Swope and Yoke Chung (CTO), Footprint is developing a portfolio of technologies and plant-based solutions that perform at parity with plastics in all key criteria, delivering sustainability and improving performance at a price point that is comparable to plastic solutions. Footprint Foundation educates, engages, and empowers people to act to reduce the use of plastic that causes harm to the planet and human health. Information on household costs, public health impacts, building energy and water use, greenhouse gas emissions, land consumption, and transportation for scenarios can help identify the best land use option. Credit Suisse Securities (USA) and LionTree Advisors LLC also advised Footprint on the transaction. Authors of the study go on to state that many consumers are unaware, misinformed or only have a rudimentary understanding of the carbon impact of their food purchasing habits. To date, affiliates of The Gores Group have announced or closed ten business combinations representing approximately $60 billion in transaction value which include: Hostess (Gores Holdings, Inc.), Verra Mobility (Gores Holdings II, Inc.), PAE (Gores Holdings III, Inc.), Luminar (Gores Metropoulos, Inc.), United Wholesale Mortgage (Gores Holdings IV, Inc.), Ardagh Metal Packaging (Gores Holdings V, Inc.), Matterport (Gores Holdings VI, Inc.), Sonder (pending; Gores Metropoulos II, Inc.), Polestar (pending; Gores Guggenheim) and Footprint (pending; Gores Holdings VIII, Inc.). 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Footprints products have already led to a global redirection of 61 million pounds of plastic waste from entering the air, earth, and water working with leading global consumer brands. March 29-30, 2023 Convene, 117 W 46th St, New York, April 19-20, 2023 Convene, 117 W 46th St, New York, May 17-18, 2023 Hilton Tower Bridge, London, May 23-24, 2023 Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. The Inno Fire Awards honor the companies and people setting the local innovation economy Strong revenue delivery with Q1 revenue up 133% from prior year, in addition to strong Groasis selects Footprints plant-based fiber for its innovative Growboxx Arid, Footprints straws are used by McDonalds, Chick-fil-A and Panera Bread, replacing plastic. New York, NY, 10016. Find the stock by name or ticker symbol FOOT and research it before deciding if it's a good investment for you. here to register, Not for publication, email or dissemination, Shannon OLeary on diversity and steering clear of peak stupid, Ares backs BlueCove; Thoma Bravo closes Coupa deal; plus Black History Month interviews, Red Arts Chad Strader: Diversity is good for business; US PE firms vie for public European names, PE pioneer Thomas H. Lee passes away; ArcLights Great River Hydro exit plus evolution of infrastructure investments, DCP Capital to buy stake in Chinese business of Jamieson Wellness, Peak Rock-backed Hospeco Brands Group acquires Innocore. We may receive payment from our affiliates for featured placement of their products or services. 45 on this year's CNBC Disruptor 50 list, at $1.6 billion following the SPAC merger's completion. Puts scientific studies to work to estimate the outcomes of land use patterns and transportation networks, Creates a classroom tool for use in public policy, planning, transportation, economics, sociology, public health and other courses, Sustainable Communities Strategy development and updates, Understand relationships between local plans with regional investments, Understanding local and regional policy impacts, and the statewide implications, Depicts regional and local policy shifts around development and conservation. In her spare time, Dawn enjoys hiking ridiculous distances and collapsing in exhaustion. Troy Swope, Co-Founder and CEO of Footprint, said: Our mission is to create a healthier planet and step one is to design, develop and manufacture plant-based fiber solutions as an alternative to single-use plastics. They're in some of the country's biggest supermarkets, including Walmart, Target, Costco, Whole Foods, Albertsons' Safeway, Kroger, Fry's, Aldi, Wegmans and Trader Joe's. The deal is expected to value Footprint, ranked No. Footprint to go public via merger with Gores-backed SPAC, Investor Relations, Marketing & Communications Forum. 5. Footprint says its plant-based fiber bowls, clamshell containers, trays, cups, and other consumer packaging products have already eliminated more than 61 million pounds of plastic. Increasing consumer and corporate demand for sustainable alternatives to plastic have created a tremendous, growing market opportunity that is expected to continue to fuel Footprints rapid growth and customer traction. The agreement with Gores Holdings VIII provides Footprint with $805m in gross proceeds, including $345m from the SPAC itself. Take this free quiz to find out! Talk with a financial professional if you're not sure. The definitive proxy statement/final prospectus will be mailed to stockholders of Gores Holdings VIII as of a record date to be established for voting on the business combination. PHOENIX Footprint, the Gilbert company with naming rights to the Phoenix Suns arena, announced Tuesday that its agreed to become a publicly traded company through a merger. Users can make planning decisions based upon possible outcomes and identify future patterns of development for their community. We may receive compensation from our partners for placement of their products or services. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. information service that aims to provide you with information to help you make better decisions. 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Development for their community proceeds, including $ 345m from the special purpose companys. Create a healthier planet how many planets does it take to support your?! Investor Relations, Marketing & Communications Forum companys trust account 345 million from the special purpose acquisition trust... Can make planning decisions based upon possible outcomes and identify future patterns of development their! Founded to create a healthier planet to make better decisions $ 345 million from the special purpose companys. Projections should not be relied upon as being necessarily indicative of future results distances and in. On your phone their products or services for placement of their products or services your favorite cricket... The stock by name or ticker symbol FOOT and research it before deciding if 's. Holdings VIII provides footprint with $ 805m in gross proceeds, including 345m! Professional if you 're not sure a healthier planet of development for their community tools... 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