Ardagh MP USA Inc.
Cash in trust
$525.0M
$525,046,609
Trust per share
$10.00
Redemption value
IPO
Aug 2020
$525.0M raised
Combination deadline
—
Not disclosed
Filings on record
52
Latest Feb 14, 2022
Business combination
- Target
- Not disclosed in an indexed filing
- Announced
- Feb 23, 2021
- Closed
- Aug 10, 2021
Overview
Ardagh MP USA Inc. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001816816. It completed its initial public offering in Aug 2020, raising $525.0M in gross proceeds. The vehicle is sponsored by The Gores Group through Gores Sponsor V LLC. The mandate targets generalist. Business combination closed; the company trades under a new ticker.
“we intend to focus on industries or sectors offering operationally-oriented acquisition opportunities that can benefit from our expertise.”
Reading the filings
Arithmetic on what Ardagh MP USA Inc. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Trust versus the $10 unit
The trust holds $10.00 per public share, effectively the $10.00 the units were sold at, so little or no interest has accrued to the account yet.
Sponsor record
The Gores Group has launched 9 vehicles. Of the 7 that have resolved, 3 closed a combination and 4 liquidated, a 42.9% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.
Underwriting
Deutsche Bank led the offering. It has been named on 46 SPAC IPOs, book-running 14 of them, and 11.9% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
SEC filing history
Free tier: filings older than 24 hours- SC 13G/A
Amended beneficial ownership report (passive)
Accession 0001172661-22-000924
- 15-12B
Deregistration of securities
Accession 0001104659-21-106232
- 8-K
Entry into a material definitive agreement; Completion of an acquisition
Items 1.01, 2.01, 3.03, 5.01, 5.02, 5.03, 9.01 · Accession 0001104659-21-102919
- 4
Statement of changes in beneficial ownership
Accession 0000899243-21-031906
- 4
Statement of changes in beneficial ownership
Accession 0000899243-21-031904
- 4
Statement of changes in beneficial ownership
Accession 0000899243-21-031903
- 4
Statement of changes in beneficial ownership
Accession 0000899243-21-031902
- 8-K
Submission of matters to a vote of security holders
Item 5.07 · Accession 0001193125-21-236411
- 25
FORM 25
Accession 0001104659-21-100026
- 10-Q
Quarterly report
Accession 0001564590-21-039823
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-21-232134
- DEFA14A
Additional proxy soliciting material
Accession 0001193125-21-228122
- SC 13G
Beneficial ownership report (passive)
Accession 0001140361-21-025839
- DEFA14A
Additional proxy soliciting material
Accession 0001193125-21-210806
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-21-210793
- DEFM14A
Definitive merger proxy statement
Accession 0001047469-21-001235
- 10-Q
Quarterly report
Accession 0001564590-21-029548
- NT 10-Q
Late quarterly report notification
Accession 0001193125-21-165454
- 10-K/A
10-K/A
Accession 0001564590-21-025781
- 8-K
Current report
Item 4.02 · Accession 0001193125-21-155619
- SC 13G
Beneficial ownership report (passive)
Accession 0001172661-21-001037
- 425
Business-combination communication
Accession 0001104659-21-030998
- DEFA14A
Additional proxy soliciting material
Accession 0001193125-21-065750
- 8-K
Other events
Items 8.01, 9.01 · Accession 0001193125-21-065732
- 10-K
Annual report
Accession 0001564590-21-009507
- 425
Business-combination communication
Accession 0001104659-21-028451
- 425
Business-combination communication
Accession 0001104659-21-026830
- 425
Business-combination communication
Accession 0001104659-21-026996
- 425
Business-combination communication
Accession 0001104659-21-026668
- DEFA14A
Additional proxy soliciting material
Accession 0001193125-21-051424
Ardagh MP USA Inc.: questions answered
What is Ardagh MP USA Inc.?
Ardagh MP USA Inc. is a special purpose acquisition company incorporated in Delaware and registered with the SEC under CIK 0001816816. It completed its initial public offering in Aug 2020, raising $525.0M in gross proceeds. The vehicle is sponsored by The Gores Group through Gores Sponsor V LLC. The mandate targets generalist. Business combination closed; the company trades under a new ticker.
How much does Ardagh MP USA Inc. hold in trust?
Approximately $525,046,609, or about $10.00 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Ardagh MP USA Inc. complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if Ardagh MP USA Inc. does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Ardagh MP USA Inc., and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.00 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
Is the trust value the same as the share price for Ardagh MP USA Inc.?
No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.
Who sponsors Ardagh MP USA Inc., and what is their track record?
Gores Sponsor V LLC is the sponsor entity, part of the The Gores Group franchise. That franchise has launched 9 vehicles in total, of which 3 closed a combination and 4 liquidated, a 42.9% completion rate on resolved vehicles. Named principals: Alec Gores, Mark Stone.
Which banks underwrote the Ardagh MP USA Inc. IPO?
Deutsche Bank, Morgan Stanley. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Ardagh MP USA Inc. a good investment?
That is not a question this site answers. Ardagh MP USA Inc. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Ardagh MP USA Inc. data come from?
Filings Ardagh MP USA Inc. submitted to the SEC under CIK 0001816816: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Sep 4, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
The Gores Group: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Deutsche Bank in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Generalist SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All completed de-spac transactions
Business combination closed; the company trades under a new ticker.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.