Gores Holdings IV Inc Cl A (GHIV) Stock News
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GHIV Latest News, Press Relases and Analysis
United Wholesale Mortgage Begins Trading On The NYSE: Here's What It Means For The Market
Pontiac, Michigan-based United Wholesale Mortgage Holdings Corporation (NYSE: UWMC), home to one of the largest retail mortgage lenders, begins trading Friday on the New York...
United Wholesale Mortgage, LLC and Gores Holdings IV, Inc. Announce Closing of Business Combination
Mentions: UWMC
Gores Holdings IV, Inc. reminds stockholders to vote in favor of the business combination with United Wholesale Mortgage, LLC
Stocks That Hit 52-Week Highs On Monday
This morning 301 companies reached new 52-week highs. Significant Points: The largest company by market cap to break to a new 52-week high was Taiwan Semiconductor (NYSE:...
Gores Holdings IV Announces Special Stockholder Meeting to Approve Business Combination
- Special Meeting to be held on January 20, 2021
Mentions: UWMC
How Risky Is Rocket Stock?
The mortgage originator has some risk, but its earnings multiples are extremely low and Wall Street is underestimating it.
Gores Holdings IV Announces United Wholesale Mortgage’s Intention to Issue a Regular Annual Dividend Upon Closing of Business Combination
United Wholesale Mortgage Announces Record Third-Quarter 2020 Results $1.45 Billion Net Income
Over $54.2 Billion in Loan Volume; Exceeds total 2019 production record in first three quarters of 2020
Election Uncertainty Could Hamper Rush to Finish 2020 Deals
The pandemic turned out to be a short-lived blow to mergers and acquisitions. Dealmaking rebounded sharply in the last three months as companies revived deals that had been on hold.
These 2 Stocks Are the Real (Estate) Deal
They're top companies in the underappreciated mortgage banking space.
Mentions: RKT
SHAREHOLDER ALERT: WeissLaw LLP Investigates Gores Holdings IV, Inc.
Alec Gores SPAC Deal Turns $25,000 Into $80 Million in Months
It’s known on Wall Street as the “promote” -- and it just made billionaire Alec Gores a quick $80 million.
Michigan State Walk-On Becomes Billionaire by Making Mortgages
Mat Ishbia, a former college basketball player who’s now the chief executive officer of United Wholesale Mortgage, is set to become a billionaire after the lender his father founded said it would go public in a deal that values the business at $16 billion.
The Biggest Blank Check IPO So Far Comes With $16 Billion Valuation
United Wholesale Mortgage said it planned to go public via a blank-check company in a deal that would value the mortgage lender at $16.1 billion.
United Wholesale Mortgage to go public via SPAC (NASDAQ:GHIV)
United Wholesale Mortgage and Gores Holdings IV, Inc. (NASDAQ:GHIV) +24%, a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, to enter into a business combination.Post-transaction, the combined company will operate under the UWM name and list on Nasdaq under the new ticker symbol "UWMC."Transaction includes $425 million of cash from Gores Holdings IV and a $500 million private placement, anchored by top-tier institutional investorsThe transaction values UWM at approximately $16.1B, or 9.5x the estimated 2021 Adjusted Net Income of approximately $1.7B.Source: Press Release.
United Wholesale Mortgage To Become Public Company Through Business Combination With Gores Holdings IV, Inc.
Transaction value of $16.1 billion makes UWM the largest special purpose acquisition company transaction to date