GILBERT, Ariz.–(BUSINESS WIRE)–Footprint, a global materials science technology company focused on creating a healthy planet, announced that its Chief Legal Officer Steve Burdumy has been awarded with an Arizona Corporate Counsel of the Year Award in the category of Environmental Impact.
As Footprints Chief Legal Officer and Managing Director, Steve Burdumy brings a wealth of business and legal experience. His prior experience in corporate and securities, mergers & acquisitions, and business operations has helped Footprint to make significant contributions in capital raising, securities matters, and building strategic relationships with suppliers and customers in its quest to invent new materials.
Troy Swope (CEO and co-founder of Footprint), said that Steve has been integral to Footprints growth trajectory. His business and legal leadership was essential in our long-term name rights agreement with the Phoenix Suns for Footprint Center. He also helped us support our customer relationships and protect our intellectual property. Footprint would like to congratulate Steve for this recognition.
AZ Business magazine in partnership the Association of Corporate Counsel & the State Bar of Arizona hosts the annual Arizona Corporate Counsel Awards to recognize and celebrate the vital role of in-house legal counsel in the success of Arizona’s businesses. The finalist are the most skilled legal professionals from both the public and private sectors. They were honored at last night’s annual event.
Steve Burdumy stated that he was humbled by the nomination and recognition from his peers in Arizona’s legal community. Footprint employees are driven every day to make the planet healthier. It is my privilege to be part of a team that continues making a profound impact on this world.
Footprint
Footprint has a clear vision of creating a healthier planet for healthier people. Phase one of our mission aims to eliminate single-use and temporary-term plastics in the food chain. Footprint’s team of engineers uses plant-based fiber tech to develop, design and manufacture biodegradable. These products are competitive with plastics in terms of cost and performance. Footprint is expanding rapidly into new product categories and offering patented solutions to customers. Footprints products have already resulted in a global redirection to prevent 61 million pounds worth of plastic waste from entering the earth, air, and water. This was achieved by working with top global consumer brands.
Footprint, Inc. announced in December 2021 that it would list on NASDAQ as a public corporation under a business combination agreement with Gores Holdings VIII, Inc. This definitive agreement contains all the details. Here.
Footprint was started in 2005 by Troy Swope (ex-Intel engineers) and Yoke Chang (ex-Intel engineers). The company employs more that 2,500 people, and has operations in the U.S.A., Europe, Asia, Mexicali, Europe and Asia. Footprint was included in the 2020 Fortune Change the World List in 2020. It is a member the World Economic Forums Global Innovators community, was named a CNBC Disruptor 50 Company and Newsweeks Americas Greatest Disruptors/Planet Protectors for 2021.
About Gores Holdings VIII, Inc.
Gores Holdings VIII, Inc., (Nasdaq : GIIXU), is an affiliate of The Gores Group, LLC, that was founded by Alec Gores. Gores Holdings VIII, Inc. had its initial public offering on March 20, 21. It raised approximately $345 million in cash proceeds to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. Gores Holdings VIII, Inc.’s strategy focuses on identifying, acquiring and, after the initial business combinations, building a company within an industry or sector that can benefit from the operational expertise of its management team.
Forward-looking Statements
Some statements in this communication (Communication) may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of the federal securities laws with respect to the proposed business combination between the Gores Holdings VIII, Inc. (Gores Holdings VIIIFootprint International Holdco, Inc.Footprint), including statements regarding the benefits of the proposed business combination, the anticipated timing of the proposed business combination, the likelihood and ability of the parties to successfully consummate the proposed business combination and the PIPE investment, the amount of funds available in the trust account as a result of shareholder redemptions or otherwise, the services offered by Footprint and the markets in which Footprint operates, business strategies, debt levels, industry environment, potential growth opportunities, the effects of regulations and Gores Holdings VIIIs or Footprints projected future results. These forward-looking statements are generally identified by the words believe.
Forward-looking statements include projections, projections, and statements about future events. These statements are based on current expectations, assumptions, and are subject to risk and uncertainty. There are many factors that could cause future events to differ materially. These include: (i), the risk that Gores Holdings VIII’s business combinations deadline may not be met, and the possibility of Gores Holdings VIII requesting an extension of that deadline. (iii), the failure of Gores Holdings VIIIs stockholders to approve the proposed combination and PIPE Investment, as well as the satisfaction of certain governmental or regulatory approvals. (File Number. 333-252483 was declared effective by U.S. Securities and Exchange Commission. SEC) on February 24, 2021 and other documents filed, or to be filed with the SEC by Gores Holdings VIII, including the Registration Statement. This list is not exhaustive. There are additional risks that neither Gores Holdings VIII nor Footprint currently know about or believe to be immaterial. These additional risks could cause actual results not to match those in the forward-looking statements. These factors, along with other risks and uncertainties, will be discussed in Gores Holdings VII’s definitive proxy statement (as defined below), and other documents filed by Gores Holdings VII from time to time with SEC. These filings address other important risks that could cause actual events or results to differ materially. Forward-looking statements only speak as of the date made. Readers are advised not to place undue reliance upon forward-looking statement. Gores Holdings VIII (Footprint) do not assume any obligation and, except as required under law, do no intend to revise or update these forward-looking remarks, whether as a consequence of new information, future developments, or any other factor. Neither Footprint nor Gores Holdings VIII can guarantee that they will meet their expectations.
Projections
This Communication contains financial forecasts relating to Footprints projected financial results. Independent auditors at Footprints have not reviewed or compiled any projections and therefore, they did no opinion or offer any assurance in regard to them. These projections are not indicative of future results and should not be relied on. The assumptions and estimates behind the prospective financial information can be interpreted as being inherently uncertain. There are many business, economic, competitive and other risks and uncertainties that could cause actual results not to match those in the prospective financial info. The prospective results cannot be considered indicative of Footprint’s future performance or that actual results won’t differ materially from those presented. This Communication does not contain any prospective financial information. It is not intended to be taken as an assurance that the potential financial information will be realized.
Actual results could differ due to the completion of the Footprints financial report period closing procedures, review adjustments, and other developments that may occur between now and the time financial information for this period is finalized. These estimates are preliminary and subject to change. Neither Footprints VIIIs independent registered accounting firm nor Gores Holdings VIIs has audited, reviewed, compiled, examined, or performed any procedures in relation to the preliminary results. They also have not expressed any opinion or other assurance on the preliminary financial information.
Additional Information on the Proposed Transaction and Where You Can Find It
Gores Holdings VIII has filed an S-4 registration statement in connection with the business merger. Registering Statement) that includes a preliminary prospectus and preliminary proxy statement of Gores Holdings VIII. The proxy statement/prospectus does not yet have effect. The definitive proxy statement/prospectus, when it is declared effective by the SEC, will be sent to all Gores Holdings VIII stockholders as of a record date to be established for voting on the proposed business combination and the other matters to be voted upon at a meeting of Gores Holdings VIIIs stockholders to be held to approve the proposed business combination and other matters (the Special Meeting). Other documents may be filed by Gores Holdings VIII with the SEC regarding the proposed business combination. The definitive proxy statement/final Prospectus will contain important information regarding the proposed business combination, as well as other matters that will be voted upon at Special Meeting. Investors will likely consider this information important when making a decision to invest in Gores Holdings VIIs securities. Investors and security holders of Gores Holdings VIII are encouraged to read the Registration Statement, the proxy statement, and any other documents that may be filed with or filed with the SEC in relation to the proposed business combo. They will contain important information about this proposed business combination.
Stockholders of Gores Holdings VI will receive the definitive proxy/final prospectus as soon as possible. This will be at a record time to be established for voting on this business combination. Investors and security owners will also be able obtain free copies the definitive proxy statement/final prospectsus and any other relevant documents that will be filed or filed with the SEC. They can access the website maintained by SEC at www.sec.govYou can send a request to Gores Holdings VIII, Inc., at 6260 Lookout Road, Boulder, CO, 80301, attention Jennifer Kwon Chou, or to Morrow Sodali LLC, Gores VIIIs proxy lawyer, toll free at (800) 662-5200. Brokers and banks can call at (203) 658-9400.
INVESTMENTS IN ANY SECURITIES DESCRIBED HEREIN HAVE NOT BEEN APPROVED, DISAPPROVED BY ANY REGULATORY AUTORITY OR THE SEC. NOR HAS ANY AUTHORITY BEEN PASSED UPON ENDORSED THE MERITS OR ACCURACY OR ADEQUACY INFORMATION CONTAINED HEREIN. REPRESENTATIONS TO THE CONTRARY ARE CRIMINAL OFFENSES.
Participants in Solicitation
Gores Holdings VIII, Footprint, and certain of their respective directors, executives officers, may be considered participants to the solicitation of proxy votes from Gores Holdings VIIIs Stockholders in relation to the proposed business combination. Gores Holdings VIII’s filings with SEC include a list of names of directors and executive officers and a description about their interests in Gores Holdings VIII. This includes Gores Holdings VIIIs final prospectus (File No. 333-252483), declared effective by SEC on February 24, 2021. The Registration Statement contains additional information about the interests and participation of the persons and persons that may be considered participants in the proposed business combination. The Registration Statement, which explains the details of this paragraph, is available free of charge on the SECs’ website. www.sec.govYou can also send an inquiry to Gores Holdings VIII, Inc., at 6260 Lookout Rd., Boulder, CO 80301. Attention Jennifer Kwon Chou. The Registration Statement for the proposed business combination will contain additional information about the names and interests of such participants, if it is available.
No Offer and Non-Solicitation
This Communication does not constitute a proxy statement, solicitation of proxy, consent, authorization with respect to any securities, or in respect to the potential transaction. It also does not constitute an offer or solicitation to buy securities of Gores Holdings VII, Footprint, or the combined company. Nor shall it be sold in any state or jurisdiction where such offer, solicitation or sale would be illegal prior to registration or qualification according to the securities laws of that state or jurisdiction. Except for a prospectus conforming to the Securities Act of 1933, as modified, no offer of securities may be made.