MATTERPORT, INC./DE : Entry into a Material Definitive ... In February 2021, GHVI and Matterport announced their merger. In a detailed note for D.A. Key Data. Item 8.01 Other Events. This prospectus supplement further supplements and updates the prospectus dated August 26, 2021, relating to (i) the resale of 135,193,286 shares of Class A common stock, par value $0.0001 per share (the "common stock" or "Matterport common stock"), by the selling securityholders named in the prospectus, (ii) the issuance by us and resale of up to 11,350,000 shares of common stock upon . Market leadership, diverse use cases and datafication are competitive advantages, but no-to-narrow moat and high valuations detract. SUNNYVALE, Calif., Feb. 8, 2021 /PRNewswire/ -- Matterport, Inc. ( "Matterport" or the "Company"), the spatial data company leading the digital transformation of the built world, and Gores . GHVI Matterport Inc - Ordinary Shares - Class A — Stock ... Matterport. The average MTTR stock price target is 30.20 with a high estimate of 38.00 and a low estimate of 25.00. Once created, these digital . Washington, D.C. 20549. Using Matterport, EnTRESS also helped a local architect reduce site assessment time for a new Wolverhampton City building by 40 percent. Ex-99.1 However, since going public via a SPAC merger toward the . Don't Buy Matterport Stock Until It Turns Potential Into ... Filed pursuant to Section 16 (a) of the Securities . Other Events. Matterport had revenue of $85.9 million in 2020, up 87% year over year, according to the statement. Matterport recently announced its second quarter results. Spatial data company Matterport will start trading Friday on Nasdaq under the symbol "MTTR" after it completed its merger with special purpose acquisition company Gores Holdings VI (Nasdaq: GHVI). At the time, the company revealed the merger would score it $640 million in capital, with . Matterport offers turnkey solutions for enterprises to digitize their real estate assets. Matterport (MTTR) IPO Update: 3D For The Real World ... Investors also noted the strong subscription revenue of $15.7 million, which increased 36% YOY. On Dec. 1, Matterport shares went over $37.50 to hit a record high. The merger brought together two of the country's largest dealer networks. Don't Buy Matterport Stock Until It Turns Potential Into ... Class A Common Stock, par value of $0.0001 per share: MTTR: The Nasdaq Global Market: Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share Gores Holdings VI Reminds Stockholders to Vote in Favor of the Business Combination with Matterport, Inc. . But I wouldn't mind the stock hitting $25 mid summer so let's go with July 15th. Volume 126.33k. In addition to the consideration to be paid at the closing of the Business Combination, Matterport Stockholders (to the extent entitled to consideration) are entitled to receive their pro rata share of an additional number of earn-out shares, issuable in Class A Stock and subject to the terms provided in the Merger Agreement (the "Earn-Out Shares"), up to an aggregate of 23,460,000 shares . FORM 3. Billionaire Alec Gores plans to take Matterport public in ... SUNNYVALE, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR . However, it was the company's all-stock merger with BMC Stock Holdings on Jan. 4 that got the year off to a fast start. UNITED STATES SECURITIES AND EXCHANGE COMMISSION. 52wk Low 10.45. The merger is a cash-and-stock deal, worth a total of $1.65 billion. Matterport Inc is a spatial data company focused on digitizing and indexing the built world. Gores VI also said the SEC has declared the S-4 effective. Matterport, Inc. (MTTR) Stock Price, Quote & News | Stock ... James Morris Manuel, Managing Director EMEA at Matterport, commented: "Matterport 3D visualisations provide new ways for people to analyse, manage and interact with the built world. Item 8.01. On June 22, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of February 7, 2021, by and among Gores Holdings VI, Inc. (the "Issuer"), Matterport, Inc. and the other parties thereto, the Issuer completed its initial business combination (the "Business Combination"). Matterport, a spatial data firm and the real estate industry's top progenitor of 3D tours, is set to go public via a merger with Gores Holdings VI, a special purpose acquisition company (SPAC . From offline to online, Matterport's market leading technology platform turns buildings into data to deliver unparalleled property insights and analysis With more than 250,000 subscribers in 150 countries, the business combination will enable Matterport to accelerate global enterprise growth across industry verticals, while continuing to invest in Matterport's software, artificial . It finished Monday at $24.73 a share, up 10% on the day and more than 32% since Wednesday. A Closer Look at MTTR Stock. Their forecasts range from $20.00 to $38.00. Matterport Inc - Ordinary Shares - Class A NASDAQ Updated Dec 23, 2021 8:59 PM. Their forecasts range from $20.00 to $38.00. Transaction Details. Matterport's stock closed trading Wednesday — the day before Facebook's name change — at $18.36 a share. Annual Recurring . GHVI SPAC shareholders and sponsors will own about 15 percent of Matterport stock. Description 2.1* Agreement and Plan of Merger, dated as of February 7, 2021, by and among Gores Holdings VI, Inc., Maker Merger Sub, Inc., Maker Merger Sub II, LLC, and Matterport, Inc. (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K, filed with the Securities and Exchange Commission on February . Matterport defines non-GAAP net income (loss) as net income (loss), adjusted to exclude stock-based compensation expense, fair value change of warrants liabilities, fair value change of earn-out liabilities, and transaction costs associated with the recently completed merger, in order to provide investors and management with greater visibility . Lastly, I'm loving the growing # of people in this sub. MTTR Stock Chalks up a Big Win With Early Warrant Redemption. As of Monday's close, MTTR is trading at $23.36, while its market . Matterport issued Q3 metrics on Nov. 3. The company saw first-quarter revenue of $26.9 million, up 108% year-over-year, and over 4.9 million . Volume 126.33k. The Matterport deal represents the seventh SPAC merger for Gores, and second real estate-related . Analyst Forecast. There was no shortage of . Under the terms of the Warrant Agreement, Matterport is entitled to redeem all of the outstanding Public Warrants if the last sales price of shares of Common Stock has been at least $18.00 per share on each of twenty trading days within a thirty-day trading period ending on the third business day prior to the date on which notice of a . FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! Matterport, Inc., formerly Gores Holdings VI, Inc., is a spatial data company. 52wk High 37.60. Subscriber revenue of $13.8 million, up 84% year over year. Mkt Cap 5.63b. STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP. It's a recent special purpose acquisition company (SPAC) merger that acquired Matterport, a 3D imaging company. 52wk High 37.60. 5 equities research analysts have issued 12-month price targets for Matterport's stock. As previously disclosed, on July 22, 2021 (the "Closing Date"), Matterport, Inc., a Delaware corporation (f/k/a Gores Holdings VI, Inc.) (the "Company"), consummated the previously announced merger transactions (collectively, the "Merger") pursuant to that certain Agreement and Plan of Merger, dated February 7, 2021 (the "Merger Agreement"), by and among . Footprint is expected to list on the Nasdaq under the FOOT ticker. Following a special purpose acquisition company (SPAC) merger with Gores Holdings VI, Matterport began trading on the Nasdaq on July 23.. What's more important than when is if, and it seems more than likely that the merger will happen. Annual recurring revenue grew to $63 million. The restricted stock units will vest quarterly over a four-year period, subject to Mr. Presunka's continued employment through the applicable vesting date. According to 5 analysts, the average rating for Matterport stock is "Strong Buy." The 12-month stock price forecast is 30.20, which is an increase of 35.55% from the latest price. The virtual tour/digital spaces company . Spatial data company Matterport, Inc (NASDAQ: MTTR) will begin trading on the Nasdaq under the "MTTR" ticker symbol on Friday following a special purpose acquisition company merger with Gores . Revenue came in at $27.65 million, up 10% year-over-year (YOY). But don't be quick to judge Matterport by its ignominious cover—or risk missing out on one of the group's more unique opportunities. But non-GAAP net loss was $14.03 million, or an adjusted loss of 6 cents per share. MTTR. stock was originally listed at a price of $10.45 in Dec 11, 2020. Ives' colleagues agree MTTR is a Buy; all 5 recent analyst reviews are positive, providing the stock with a Strong Buy consensus rating. The company has raised $168 million and was valued at $355 million in 2019. SUNNYVALE, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR . Matterport received $605 million in total cash in this SPAC deal, including $310 million from Gores Holdings VI and $295 million from other institutional investors. Gores Holdings VI today announced a July 20 meeting for shareholders to vote on the SPAC's proposed merger with Matterport, a spatial data company. Washington, D.C. 20549. Matterport's 3D technology is used in more than 130 countries by clients, which include Redfin and Marriott International. Spatial . You can find that in section 7.10 of the SEC filing, which is linked . The merger was approved at a special meeting of Gores Holdings VI shareholders on 20 July. Matterport General Information Description. James Morris Manuel, Managing Director EMEA at Matterport, commented: "Matterport 3D visualisations provide new ways for people to analyse, manage and interact with the built world. Yet since then, the market has tried again to shake off pandemic and Fed-related fears. The merger will result in a combined company operating under the Matterport, Inc. name. Under the terms of the Warrant Agreement, Matterport is entitled to redeem all of the outstanding Public Warrants if the last sales price of shares of Common Stock has been at least $18.00 per share on each of twenty trading days within a thirty-day trading period ending on the third business day prior to the date on which notice of a . All stockholders of record of the Company's common stock as of the close of business . This suggests a possible upside of 32.8% from the stock's current price. Prior to the release of the quarterly results, MTTR stock was . By Will Ashworth December 16, 2021, 07:32 AM. While a definitive date hasn't been set, the transaction is expected to close sometime in the second quarter of 2021. Home » Matterport To Go Public Via $2.9 Billion SPAC Skip . Its stock will trade on Nasdaq under "MTTR" ticker symbol upon closing of the SPAC merger. Total revenue was $26.9 million, up 108% year over year. The combined company will trade as ticker MTTR and is expected to have a post-transaction enterprise value of . This prospectus supplement further supplements and updates the prospectus dated August 26, 2021, relating to (i) the resale of 135,193,286 shares of Class A common stock, par value $0.0001 per share (the "common stock" or "Matterport common stock"), by the selling securityholders named in the prospectus, (ii) the issuance by us and resale of up to 11,350,000 shares of common stock upon . Matterport (MTTR) is set to go public via a SPAC merger. That's a lot of money for the company, but is Spatial data company Matterport (NASDAQ:MTTR) went public in July following a special-purpose acquisition company (SPAC) merger with Gores Holdings VI. Annual recurring revenue grew to $63 million. Gores Holdings VI Sets Vote Date on $2.3B Matterport Deal. FORM 4. Key Data. Matterport, which was founded in 2011, first announced plans to go public via a SPAC merger in February. Once created, these digital . Matterport's year-to-date stock price return is 126%, handily topping the S&P 500 and its . The restricted stock units will vest quarterly over a four-year period, subject to Mr. Presunka's continued employment through the applicable vesting date. Trading for as much as $37.60 on Dec. 1, it fell to as low as $20.16 on Dec. 15. Matterport (MTTR) defines non-GAAP net income (loss) as net income (loss), adjusted to exclude stock-based compensation expense, fair value change of warrants liabilities, fair value change of earn-out liabilities, and transaction costs associated with the recently completed merger, in order to provide investors and management with greater . Warrant holders had until 5 p.m. Eastern Time to exercise their option to buy the equivalent stock for $11.50 a share. There are six distinct tranches of Earn-Out Shares, each of which will be issued if the daily volume weighted average price (based on such trading day) of one share of Class A . Filed pursuant to Section 16 (a) of the Securities Exchange Act of . Spatial data company Matterport (NASDAQ: MTTR) went public in July following a special-purpose acquisition company (SPAC) merger with Gores Holdings VI.Matterport received $605 million in total . Under the terms of the Warrant Agreement, Matterport is entitled to redeem all of the outstanding Public Warrants if the last sales price of shares of Common Stock has been at least $18.00 per . Mr. Presunka will enter into the Company's standard form of indemnification agreement, which is filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the Securities . Matterport defines non-GAAP net income (loss) as net income (loss), adjusted to exclude stock-based compensation expense, fair value change of warrants liabilities, fair value change of earn-out liabilities, and transaction costs associated with the recently completed merger, in order to provide investors and management with greater visibility . GHVI Matterport Inc - Ordinary Shares - Class A — Stock Price and Discussion | Stocktwits. Using Matterport, EnTRESS also helped a local architect reduce site assessment time for a new Wolverhampton City building by 40 percent. Matterport (MTTR) stock rose on Thursday as the spatial data company said it will redeem all 6.9 million outstanding warrants to buy its shares, adding to its balance sheet. Its all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin which can be used to design, build, operate, promote, and understand any space. Billionaire Gores backs Matterport listing with $2.9 bln blank-check deal. "If all of the public warrants are exercised on or prior to the redemption date, we will add approximately $79m to the balance sheet, which is additive to the $640m of gross proceeds raised in the closing of the merger in . . In turn . But since that peak, the stock is down over 30%. GHVI 23.17 0.98 (4.06%) 20. As a result of the Business Combination, Matterport has received approximately $605 million total cash, net of fees, and expenses paid in connection with the closing of the Business Combination. SUNNYVALE, Calif., May 10, 2021 /PRNewswire/ -- Matterport, Inc., the leading spatial data company driving the digital transformation of the built world, today announced that hundreds of thousands . Mr. Presunka will enter into the Company's standard form of indemnification agreement, which is filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed with the Securities . 12/23 23:42 BRIEF-Matterport - On Dec 21, Co & Unit Entered Into A Definitive Merger Agreement To Acquire Enview, Inc INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES. 4. With user and revenue growth already high, this could be a great growth stock for a decade. Davidson, analyst Franco Granda sees the Weta merger as the leading point in Unity's story, writing, "Weta adds leading visual effects technology and talent to greatly deepen Unity Engine's capabilities, adding $10B to the TAM in the process. 52wk Low 10.45. The Company's three-dimensional (3D) data platform enables to turn a space into a digital twin, which can be used for design, build, operate, promote, and . Secret is getting out. Terms call for Matterport to receive the proceeds from a $295 million PIPE as . Source: Matterport. On average, they anticipate Matterport's stock price to reach $27.40 in the next twelve months. If you had invested in Matterport stock at $10.45, your return over the last 1 years would have been 122.2%, for an annualized return of 122.2% (not including any dividends or dividend reinvestments). 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