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Footprint is expected to go public soon. Here's what we know about the IPO — and how to buy Footprint stock when it's available.
Footprint is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. The SPAC, Gores Holdings VIII (GIIX), originally went public in April 2021 and currently trades on the Nasdaq. The merger is expected to take place in the first half of 2022.
If the deal is approved, any shares of GIIX will become shares in Footprint, with the ticker symbol changing to FOOT.
Once Footprint goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Footprint stock.See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.
Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.
Finder is not a client of any featured partner. We may be paid a fee for referring prospective clients to a partner, though it is not a recommendation to invest in any one partner.
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