Gores Technology Partners II, Inc. Announces the Separate Trading of Its Class A Common Stock and Warrants Commencing May 3, 2021


BOULDER, Colo .-- (BUSINESS WIRE) - Gores Technology Partners II, Inc. (Nasdaq: GTPBU) (the “Company”), a blank check company sponsored by a subsidiary of The Gores Group, LLC, announced today that holders of the shares in the The Company's initial public offering of 46,000,000 shares, completed March 16, 2021, may elect to trade the common stock and Class A warrants contained in the shares separately. These non-segregated entities will continue to trade on the Nasdaq Capital Market under the symbol "GTPBU" and the Class A common stocks and warrants that are segregated will trade on the Nasdaq Capital Market under the symbols "GTPB" and "GTPBW", respectively.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Company's securities, nor may a sale of such securities take place in any state or jurisdiction in which such offer, solicitation or sale may be made would have been previously unlawful to register or qualify under the securities laws of such state or jurisdiction. The offer was made only by means of a prospectus, copies of which are available from Deutsche Bank Securities Inc., Attn: Prospectus Department, 60 Wall Street, New York, New York 10005, phone: 800-503-4611 or email: spectus.cpdg @ db.com; Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick, 2nd Floor, New York, New York 10014, phone: 866-718-1649 or email: spectus@morganstanley.com; or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, phone: (800) -221-1037 or email: usa.prospectus@credit-suisse.com.

About Gores Technology Partners II, Inc.

Gores Technology Partners II, Inc. was formed to conduct a merger, stock exchange, asset purchase, stock purchase, reorganization, or similar business combination with one or more companies. The company's strategy is to identify, acquire and, after the initial business combination, build a company in an industry or industry that complements the experience of its management team and can benefit from their operational expertise.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release other than historical facts are forward-looking statements. In this press release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions relating to us or our management team identify forward-looking statements. Such forward-looking statements are based on management's beliefs and on assumptions and information currently available to the company's management. Actual results could differ materially from those anticipated in the forward-looking statements due to certain factors disclosed in the company's filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements that are attributable to us or to persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the company, including those set out in the Risk Factors section of the company's registration statement and the preliminary prospectus for the company's SEC filings. The company assumes no obligation to update these statements for changes or additions after the date of this publication, unless required by law.

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