Country for PR: United States
Contributor: PR Newswire New York
Friday, July 23 2021 - 21:00
AsiaNet
Matterport Marks its Public Debut by Digitizing the Nasdaq MarketSite
SUNNYVALE, Calif., July 23, 2021 /PRNewswire-AsiaNet/ --

-- Company begins trading today on Nasdaq under ticker "MTTR" and invites the 
world to virtually experience the iconic bell ringing ceremony at the Nasdaq 
MarketSite

Matterport, Inc. ("Matterport") (Nasdaq: MTTR), the leading spatial data 
company driving the digital transformation of the built world, will commence 
trading today on Nasdaq under the new ticker symbol "MTTR". To mark its public 
debut, the company created the world's only digital twin of the Nasdaq 
Marketsite. For the first time, anyone can go behind-the-scenes in immersive 3D 
to explore this iconic space, and experience that special moment behind the 
podium to ring the ceremonial bell. 

Video - https://www.youtube.com/watch?v=Nqavw0P21p8

Logo - https://mma.prnewswire.com/media/1519327/Matterport_Logo.jpg

"What better way to mark the significant milestone of Matterport becoming a 
public company than to digitize the iconic Nasdaq MarketSite where industry 
trailblazers like Matterport become public companies," said RJ Pittman, CEO of 
Matterport. "We've led the digital transformation of the built world for over a 
decade, so it's only fitting for us to demonstrate the power of our platform by 
inviting everyone to experience it for themselves through this one-of-a-kind 
digital twin. We invite the world to celebrate our public debut with Nasdaq as 
we embark on our journey to help customers transform any physical space into 
data and manage them from any device, anywhere in the world."

With more than four billion buildings and 20 billion spaces worldwide, the 
built world is the largest undisrupted market with less than 1% digitized. 
Worth an estimated $230 trillion, the global real estate market is the world's 
largest asset class comprising commercial, industrial, and residential 
properties as well as educational and government buildings. Matterport's 
market-leading spatial data platform transforms any physical space into a 
dimensionally-accurate and photorealistic digital twin, providing customers 
with unparalleled data insights needed to manage spaces more effectively than 
ever before. Over 330,000 subscribers in more than 150 countries have already 
captured over five million spaces to better access, manage and understand 
spaces - from a single property to a global portfolio of buildings.

Explore the digital twin of the Nasdaq MarketSite at go.matterport.com/MTTR ( 
https://c212.net/c/link/?t=0&l=en&o=3237194-1&h=2925003831&u=http%3A%2F%2Fgo.matterport.com%2FMTTR&a=go.matterport.com%2FMTTR 
)

About Matterport

Matterport is leading the digital transformation of the built world. Our 
groundbreaking spatial data platform turns buildings into data making every 
space more valuable and accessible. Millions of buildings in more than 150 
countries have been transformed into immersive Matterport digital twins to 
improve every part of the building lifecycle from planning, construction, and 
operations to documentation, appraisal and marketing. Learn more at 
matterport.com ( 
https://c212.net/c/link/?t=0&l=en&o=3237194-1&h=3040063984&u=https%3A%2F%2Fmatterport.com%2F&a=matterport.com 
) and browse a gallery of digital twins ( 
https://c212.net/c/link/?t=0&l=en&o=3237194-1&h=3351982221&u=https%3A%2F%2Fmatterport.com%2Findustries%2Fgallery&a=gallery+of+digital+twins 
).

@2021 All rights reserved. Matterport is a registered trademark of Matterport, 
Inc., and Matterport Capture Services is a trademark of Matterport, Inc.  All 
other marks are the property of their respective owners.

Investor Contact: 
Soohwan Kim, CFA 
VP, Investor Relations 
ir@matterport.com

Media Contact:
Naomi Little 
Global Communications Manager 
press@matterport.com  
+44 203 874 6664

Forward-Looking Statements

This document contains certain forward-looking statements within the meaning of 
the federal securities laws, including statements regarding the benefits of the 
business combination, the services offered by Matterport, Inc. ("Matterport") 
and the markets in which Matterport operates, business strategies, debt levels, 
industry environment, potential growth opportunities, the effects of 
regulations and Matterport's projected future results. These forward-looking 
statements generally are identified by the words "believe," "project," 
"expect," "anticipate," "estimate," "intend," "strategy," "future," "forecast," 
"opportunity," "plan," "may," "should," "will," "would," "will be," "will 
continue," "will likely result," and similar expressions (including the 
negative versions of such words or expressions).

Forward-looking statements are predictions, projections and other statements 
about future events that are based on current expectations and assumptions and, 
as a result, are subject to risks and uncertainties. Many factors could cause 
actual future events to differ materially from the forward-looking statements 
in this document, including Matterport's ability to implement business plans, 
forecasts, and other expectations in the industry in which Matterport competes, 
and identify and realize additional opportunities. The foregoing list of 
factors is not exhaustive. You should carefully consider the foregoing factors 
and the other risks and uncertainties described in Gores definitive proxy 
statement/information statement/prospectus contained in the registration 
statement on Form S-4 filed by Gores with the U.S. Securities and Exchange 
Commission (the "SEC"), including those under "Risk Factors" therein, and other 
documents filed by Matterport from time to time with the SEC. These filings 
identify and address other important risks and uncertainties that could cause 
actual events and results to differ materially from those contained in the 
forward-looking statements. Forward-looking statements speak only as of the 
date they are made. Readers are cautioned not to put undue reliance on 
forward-looking statements, and Matterport assumes no obligation and, except as 
required by law, does not intend to update or revise these forward-looking 
statements, whether as a result of new information, future events, or 
otherwise. Matterport does not give any assurance that it will achieve its 
expectations.

SOURCE: Matterport
Translations

Japanese