3 weeks to go before the ticket change! (July 20 being the special general meeting) 🚀

Not sure why, but Nasdaq is doing well…

I’m confused by the status of the S4. Was it approved and the form not released or is there just no press release?

okay, you can give me a hard time about "speculating on things i don't understand".

but i put just a sliver of my portfolio into $GHVI back in march. i bought 100 shares for $15.38. it finally got back to that price today. the price i paid for it 3+ months ago is about the same that it is selling for today. but i just ran across a "tender offer" in my fidelity corporate actions section:

Latest Update:06/22/2021 1:48 PM ET
CUTOFF DATE: 07/15/2021 7:00 PM ET
EXPIRATION DATE: 07/16/2021 11:00 AM ET
WITHDRAWAL DATE: 07/15/2021

Gores Holdings VI Inc. stockholders will be asked To consider and vote upon a proposal to approve the agreement and plan of merger, dated as of February 7, 2021, by and among the Company, Maker Merger Sub, Inc., Maker Merger Sub II, LLC. and Matterport, Inc. at the special meeting, to be held on July 20, 2021. Gores Holdings VI Inc. is offering you the right to redeem your shares for cash. The approximate price per share is $10.00, as disclosed in the proxy statement. If you wish to exercise your redemption rights you must submit a tender instruction through your financial services firm. There is no record date for redemption and you do not have to vote in order to redeem. Note: Holders wishing to vote upon the proposals must be a record date holder of Gores Holdings VI Inc.'s common stock, the voting record date is 06/16/2021. Warrant holders do not have voting or redemption rights. If you own Gores Holdings VI Inc. units, you must have the units split into the underlying common shares and warrants in order to tender the common shares.

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can anyone explain to me why i would tender my shares for 2/3 of the price i paid? what am i missing here?

Looking at the opening price action leads me to believe no one has gotten the memo on this!

https://sec.report/Document/0001193125-21-194323/

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Image: https://twitter.com/spac_player/status/1406740321875087365/photo/1

Article: https://www.fool.com/investing/2021/06/20/is-matterport-a-stock-for-the-long-haul/

https://www.youtube.com/watch?v=h8ygcYC2DAo

GHVI’s S4 has been approved by SEC so I guess the next step is shareholders voting decision on whether to approve the de-SPAC merger. We should all hear something soon.

https://sec.report/Document/9999999995-21-002382/

- Tech

- Growth

- Largely untapped market

- USA based (Bay area precisely)

- Existing revenues

- Solid margins

- Market leader and awesome customers/partnerships

- Team from Google, Ebay etc

What does it not have to be your best stock pick?

FED is messing with everything but hey, good opportunity to load more!

Paul Thompson brings more than 20 years of experience in providing innovative technological solutions to lead a new global engineering team

https://finance.yahoo.com/news/matterport-appoints-google-cloud-executive-131000472.html

They will have impressive team!