Gores Holdings (GRSH) Prices 35M Unit IPO at $10/Unit

Gores Holdings, Inc. (the “Company”) (Nasdaq: GRSH), a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 35,000,000 units at a price of $10.00 per unit. The units will be listed on the NASDAQ Capital Market and trade under the ticker symbol “GRSHU” beginning August 14, 2015. Each unit consists of one share of the Company’s Class A common stock and one warrant to purchase one-half of one share of the Class A common stock at a price of $5.75 per half share (or $11.50 per whole share). Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NASDAQ Stock Market under the symbols “GRSH” and “GRSHW,” respectively.

*** NOTE: The company's latest S-1 filing can be seen here.

Deutsche Bank Securities, Inc. and I-Bankers Securities, Inc. are serving as the underwriters for the offering. Gores Holdings, Inc. has granted the underwriters a 45-day option to purchase up to an additional 5,250,000 units at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005-2836, Attention: Prospectus Group, Telephone: (800) 503-4611, Email: [email protected].

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