Polestar SPAC merger poised to raise $850m

Polestar SPAC merger poised to raise $850m

Polestar and Gores Guggenheim, the special purpose acquisition company (SPAC) planning to merge with EV maker, said Tuesday that they expect the deal to raise at least $850m. The companies foresee the merger closing on Thursday, subject to Gores Guggenheim stockholder...