Virtual tour firm Matterport raises $605 mln in blank check merger

Reuters
2021/07/22

By Stephen Nellis

July 22 (Reuters) - Matterport Inc, a Silicon Valley firm whose 3D cameras and software power three-dimensional virtual tours of real estate listings, on Thursday said that it had raised $605 million in a merger with blank check firm Gores Holdings VI .

The deal was approved Tuesday by a special shareholder meeting of Gores Holdings VI, a special purpose acquisition company, or SPAC, backed by billionaire Alec Gores.

The deal included $310 million from Gores Holdings VI, net of redemptions, as well as $295 million in proceeds other investors that included Tiger Global Management, Dragoneer Investment Group, and Fidelity Management & Research Co. The proceeds fell slightly short of the $640 million the companies aimed to generate when the deal was announced in February.

In Matterport's early days the company sold a specialized camera that real estate agents or hotel owners could use to create accurate three-dimensional walk-throughs of properties. But last year, the company released an iPhone app that allows homeowners to capture a 3D model of their home, which can have a variety of uses such as enabling contractors to bid on a remodelling project without having to visit the home.

"We signed more customers in the first three days of the beta launch than the first eight years of the company," Chief Executive RJ Pittman told Reuters in an interview.

Matterport will start trading on the Nasdaq on Friday under the new ticker symbol "MTTR."

(Reporting by Stephen Nellis in San Francisco; editing by Richard Pullin)

((Stephen.Nellis@thomsonreuters.com; (415) 344-4934;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10