Spatial data company Matterport, Inc. and Gores Holdings VI (GHVI, GHVIU, and GHVIW), a publicly listed special purpose acquisition company sponsored by an affiliate of Gores Group, LLC, said Monday they have agreed for a business combination that will result in Matterport becoming a publicly listed company.
Upon closing of the proposed transaction, the combined company will be named "Matterport, Inc." and intends to remain listed on NASDAQ under the ticker symbol "MTTR."
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.