We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Gores Holdings III | NASDAQ:GRSH | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 11.15 | 10.15 | 12.16 | 0 | 01:00:00 |
|
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/1a4b6fd6-b45c-4f0b-9d9b-6a6a4cb07aeb
http://www.globenewswire.com/NewsRoom/AttachmentNg/43de424b-835e-4d1c-b93f-735d9c9d9370
As previously announced, Gores Holdings, Inc. (NASDAQ:GRSHU) (NASDAQ:GRSH) (NASDAQ:GRSHW) completed the acquisition of Hostess Brands, LLC. As a result of the transaction, Gores Holdings was renamed Hostess Brands, Inc. and its common stock and warrants now trade on NASDAQ under the symbols “TWNK” and “TWNKW”, respectively.
Funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE:APO) and C. Dean Metropoulos and family, the prior majority owners of Hostess, will continue to hold an approximately 42% combined stake in the Company. C. Dean Metropoulos and family, including Metropoulos & Co. Principals Evan Metropoulos and Daren Metropoulos, remain the largest shareholders of the company.
“Hostess is one of the largest packaged food companies focused on fresh baked sweet goods in the United States,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “Its iconic brands, outstanding management team and innovative spirit represent what it means to be a Nasdaq listed company, and we are looking forward to celebrating its future successes.”
By listing with Nasdaq, Hostess joins some of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice to some of the biggest of consumer companies listed on the U.S. markets.
“Listing on the Nasdaq just three years after acquiring the assets and mounting a storied Comeback is an extraordinary feat,” said Bill Toler, CEO of Hostess Brands, Inc. “I want to take this opportunity to acknowledge every Hostess employee, partner and consumer who contributed to this milestone we celebrate today.”
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq:Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
MEDIA RELATIONS CONTACT: Stephanie Lowenthal (646) 441-5073 Stephanie.lowenthal@nasdaq.com Emily Pan (646) 441-5120 emily.pan@nasdaq.com
1 Year Gores Holdings III Chart |
1 Month Gores Holdings III Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions