Gores Holdings Stock Soars After SPAC’s Deal to Take United Wholesale Mortgage Public

MarketWatch, Sept. 23, 2020–Tomi Kilgore
Shares of Gores Holdings IV Inc. shot up 16% in premarket trading Wednesday, after the special purpose acquisition company, also known as a blank-check company, announced it will take United Wholesale Mortgage public in deal that values the mortgage lender at $16.1 billion.
https://www.marketwatch.com/story/gores-holdings-stock-soars-after-spacs-deal-to-take-united-wholesale-mortgage-public-2020-09-23