Gores Holdings VIII, Inc. (Nasdaq - GIIX)

Gores Holdings VIII, Inc. (Nasdaq – GIIX)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Gores Holdings VIII, Inc. (Nasdaq – GIIX)

BALA CYNWYD – December 14, 2021 /Access Wire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Gores Holdings VIII, Inc. (“Gores VIII” or the “Company”) (Nasdaq – GIIX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with an agreement pursuant to which Gores VIII, a special purpose acquisition company, will combine with Footprint International Holdco, Inc. (“Footprint”), a global materials science technology company focused on sustainable solutions, and result in Footprint becoming a publicly-listed company. Under the terms of the agreement, Gores VIII shareholders will retain ownership of only 14.7% of the combined company.

The investigation concerns whether the Gores VIII Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.

If you own shares of Gores VIII stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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