Matterport, a spatial data company, went public via a SPAC merger with Gores Holdings VI, a special purpose acquisition company sponsored by an affiliate of The Gores Group, in a $2.9bn deal. Upon closing of the proposed transaction, the combined company was named "Matterport" and listed on NASDAQ under the ticker symbol "MTTR." "Becoming a publicly traded company is a strategic transaction for Matterport that strengthens our position as the market leading spatial data company for the built world, and propels the global property market into the future. We're at the dawn of a new era for what's possible when buildings become data. To capitalize on this extraordinary market opportunity, we plan to increase our investment in our customers' success, scale innovation and R&D, and accelerate growth through our spatial data platform for the 20 billion spaces around the world," RJ Pittman, Matterport Chief Executive Officer and Chairman.