Gores Guggenheim and Polestar Announce Effectiveness of Registration Statement and Dates of Special Meeting and Warrant Holder Meeting

May 25, 2022

Gores Guggenheim, Inc. (“Gores Guggenheim” or the “Company”) (NASDAQ: GGPI, GGPIU and GGPIW), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC and Guggenheim Capital, LLC, and Polestar Performance AB and its affiliates (“Polestar”) today announced the registration statement on Form F-4 (the “Registration Statement”) with respect to the proposed business combination between the Company and Polestar was declared effective by the Securities and Exchange Commission (the “SEC”) on May 25, 2022.

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