Gores Holdings IV Announces United Wholesale Mortgage's Intention to Issue a Regular Annual Dividend Upon Closing of Business Combination

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Nov 09, 2020
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Gores Holdings IV, Inc. ("Gores Holdings IV") (NASDAQ CM: GHIV, GHIVU, AND GHIVW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC ("The Gores Group" or "Gores"), today announced United Wholesale Mortgage’s ("UWM" or the "Company") intention to adopt a policy of issuing a regular annual dividend of $0.40 per share as part of its capital allocation strategy following the consummation of the previously announced pending business combination with Gores Holdings IV (the “Business Combination”).