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Security Profile
- Security Type
- Common Stock
- Previous Symbol
- GRSHW (changed 2/10/2020)
- Previous Name
- Gores Holdings III, Inc.
Business: PAE Inc. is a leading provider of mission-critical services to the U.S. government, armed forces and international customers including the U.S. Department of State, Army, Navy, Air Force, NASA and others. Headquartered in Falls Church, Virginia, PAE operates in approximately 60 countries across all seven continents.
Notes: Febuary 10. 2020 -- Gores Holdings III, Inc. (“Gores Holdings III”) (Nasdaq CM: GRSH, GRSHU, and GRSHW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC (“The Gores Group” or “Gores”), today announced that it completed the acquisition of Platinum Equity portfolio company PAE (“PAE” or the “Company”), trusted provider of outsourced solutions for enduring missions of the United States government and international partners for over 60 years. The transaction was unanimously approved by the Board of Directors of both Gores Holdings III and the ultimate parent company of PAE and was approved at a special meeting of Gores Holdings III’s stockholders on February 7, 2020. There were 0.0005% (virtually zero) redemptions in connection with the business combination. In connection with the transaction, Gores Holdings III has been renamed PAE Incorporated and its common stock and warrants now trade on Nasdaq under the symbols “PAE” and “PAEWW”, respectively.
Company Contact
- CEO
- John Heller
- CFO
- Charles Peiffer
- Headquarters
- 7799 Leesburg Pike, Suite 300 North, Falls Church, VA 22043
- Phone
- 703-717-6000 · Toll-Free 888-526-5416
- Investor Relations
- Mark Zindler · 703-717-6017 · Mark.Zindler@pae.com