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GTPA

9.96USD+0.01(+0.10%)Market Closed

Gores Technology Partners, Inc.

Market Summary

USD9.96+0.01Market Closed
0.10%

GTPA Stock Price

RSI Chart

Valuation

Profitability

Return on Assets

1.74%

Fundamentals

Revenue

Earnings

Earnings (TTM)

6.1M

Earnings Y/Y

133.84%

Earnings Q/Q

-5.6%

Price Action

52 Week Range

10.30
(Low)(High)

Last 30 days

0.3%

Last 90 days

1.5%

Trailing 12 Months

-0.5%

Financial Health

Current Ratio

0.1

Investor Care

Financials for Gores Tech Partners

Income Statement (Last 12 Months)
Description(%) Q/Q2021Q1
Revenue-4,520
Balance Sheet
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.2%276,405275,961276,058276,315276,621
  Current Assets98.1%1,3196661,0121,2941,606
    Cash Equivalents6990.5%90813120222291
Liabilities-11.4%14,60016,48819,05523,81720,960
  Current Liabilities-27.5%4,9756,8639,43014,19211,335
  Retained Earnings15.0%-13,195.77-15,527.76-17,998.11-22,502.18-19,339.72
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations133.8%288-850.73-2,882.41-2,204.02-2,856.85
Cashflow From Investing75.2%-71.10-287.13-45.24-275,021.85-366,686.56
Cashflow From Financing0%4004001,290277,448369,931

Risks

What is the probability of a big loss on GTPA?

0%


Probability that Gores Tech Partners stock will be more than 20% underwater in next one year

0%


Probability that Gores Tech Partners stock will be more than 30% underwater in next one year.

0%


Probability that Gores Tech Partners stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GTPA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Gores Tech Partners was unfortunately bought at previous high price.

Returns

Cumulative Returns on GTPA

Which funds bought or sold GTPA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
Mint Tower Capital Management B.V.
-
-
2,000
505,000
0.04%
2022-11-22
Mint Tower Capital Management B.V.
-
-
3,925,000
6,413,000
0.50%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-33,000
-
-%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-483,000
-
-%
2022-11-15
Balyasny Asset Management LLC
UNCHANGED
-
7,000
1,965,000
0.01%
2022-11-15
Balyasny Asset Management LLC
UNCHANGED
-
-7,000
9,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Westchester Capital Management, LLC
UNCHANGED
-
-
7,226,000
0.20%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
0.44
-4,000
7,000
-%

1–10 of 49

Latest Funds Activity

Are funds buying GTPA calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own GTPA

Gores Tech Partners News

Yahoo Finance

Gores Technology Partners, Inc. Files Preliminary Proxy Statement to Obtain Stockholder Approval to Liquidate in 2022.25 days ago

GTPA Fair Value

Recent SEC filings of Gores Tech Partners

View All Filings
Date Filed Form Type Document
Nov 23, 2022
8-K
Current Report
Nov 23, 2022
8-K
Current Report
Nov 23, 2022
DEF 14A
DEF 14A
Nov 23, 2022
DEFA14A
DEFA14A
Nov 23, 2022
DEFA14A
DEFA14A
Nov 09, 2022
10-Q
Quarterly Report
Nov 07, 2022
8-K
Current Report
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
DEFA14A
DEFA14A
Nov 03, 2022
PRE 14A
PRE 14A
Edward W. Fike
3
Gores Technology Partners, Inc. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on technology business in the consumer internet, enterprise software, fintech, digital health, proptech, gaming, agtech, and logistics industries. Gores Technology Partners, Inc. was incorporated in 2020 and is based in Boulder, Colorado.

GTPA Income Statement

2022-09-30
STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Professional fees and other expenses$ (370,536)$ (347,151)$ (1,254,857)$ (855,369)
State franchise taxes, other than income tax(50,000)(50,000)(150,000)(150,000)
Gain/(loss) from change in fair value of warrant liabilities(1,850,000)(1,387,500)(9,435,000)647,500
Allocated expense for warrant issuance cost   (324,514)
Net income/(loss) from operations1,429,464990,3498,030,143(1,977,383)
Other income - interest income902,5326,9321,276,27314,919
Net income/(loss) before income taxes2,331,996997,2819,306,416(1,962,464)
Net income/(loss) attributable to common shares$ 2,331,996$ 997,281$ 9,306,416$ (1,962,464)
Class A Common Stock    
Net income/(loss) per common share:    
Common Stock - basic and diluted$ 0.07$ 0.03$ 0.27$ (0.87)
Class F Common Stock    
Net income/(loss) per common share:    
Common Stock - basic and diluted$ 0.07$ 0.03$ 0.27$ (0.87)

GTPA Balance Sheet

2022-09-30
BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:  
Cash and cash equivalents$ 907,588$ 222,492
Prepaid assets411,4501,071,113
Total current assets1,319,0381,293,605
Cash, cash equivalents and other investments held in Trust Account275,086,020275,021,852
Total assets276,405,058276,315,457
Current liabilities:  
Accrued expenses, formation and offering costs870,138881,953
State franchise tax accrual30,000200,000
Notes and advances payable - related party1,300,000900,000
Total current liabilities4,975,13814,191,953
Deferred underwriting compensation9,625,0009,625,000
Total liabilities14,600,13823,816,953
Commitments and contingencies
Class A Common Stock subject to possible redemption, 27,500,000 and 27,500,000 shares at September 30, 2022 and December 31, 2021, respectively (at redemption value of $10 per share)275,000,000275,000,000
Stockholders’ equity (deficit):  
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding at September 30, 2022 and December 31, 2021, respectively
Accumulated deficit(13,195,768)(22,502,184)
Total stockholders’ equity (deficit)(13,195,080)(22,501,496)
Total liabilities and stockholders’ equity (deficit)276,405,058276,315,457
Class F Common Stock  
Stockholders’ equity (deficit):  
Common stock value688688
Public Warrants  
Current liabilities:  
Warrants derivative liability1,650,0007,260,000
Private Placement Warrants  
Current liabilities:  
Warrants derivative liability$ 1,125,000$ 4,950,000