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Investor Alert

Sept. 27, 2021, 4:42 p.m. EDT

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Gores Guggenheim, Inc. with Polestar Performance AB

New York, New York, Sep 27, 2021 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - September 27, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Gores Guggenheim, Inc. (NASDAQ: (NAS:GGPIU) prior to September 21, 2021.

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You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Gores Guggenheim with Polestar Performance AB. Under the terms of the merger, the combined company will be held by a new public company that will be named Polestar Automotive Holding UK Limited, which is expected to be listed on Nasdaq under the ticker symbol "PSNY". The transaction implies an enterprise value of approximately USD 20 billion.

To learn more about the action and your rights, go to :

https://www.zlk.com/mna2/gores-guggenheim-inc-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you .

The Gores Guggenheim merger investigation concerns whether the Board of Gores Guggenheim has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders . For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97798

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