Company’s Fourth Annual Event Convenes Global
Sustainability Leaders at Footprint Center in Phoenix
Footprint, a global materials science technology company whose
mission is to create a healthy planet, unveils a packed agenda for
its fourth annual Footprint Sustainability Summit at Footprint
Center, home of the NBA-leading Phoenix Suns and WNBA finalists
Phoenix Mercury, on Feb. 9. This exclusive event, Champions of
Change, will bring together an impressive roster of
world-renowned speakers, discussing the sustainability landscape,
inspiring meaningful conversations and networking. Topics will
range from the business of sustainability to the impact of plastic
on human and planet health and more. The unique forum will connect
thought leaders, NGOs, investors and the entire sustainable
ecosystem directly with the consumer brands and retailers driving
change.
“We’re creating a unique forum for learning, celebrating and to
help people go faster and we’re honored to bring together so many
business decisionmakers, scientists, policy experts and innovators
at Footprint’s fourth annual Sustainability Summit,” said Troy
Swope, Footprint co-founder and CEO. “This year’s theme,
Champions of Change, is appropriate for 2022 as there’s no
denying the demand has gone mainstream for sustainable
solutions.”
Leaders from public companies, innovation partners, major food
brands, university researchers, scientists, supermarkets and
professional sports organizations will participate in keynotes and
panels. The agenda will cover opportunities and challenges in the
sustainability space, with practical insights and roadmaps to
action for businesses and business leaders. Among other highlights,
speakers will explore the impact of plastic on human health, new
commercial and consumer innovations, success stories and changing
sustainability habits forged amid COVID-19. Attendees will get the
first look at proprietary new research to be released from
Wunderman Thompson Intelligence on consumers and
sustainability.
Andrew Winston, noted sustainability expert and best-selling
author, will moderate the event. Winston most recently co-authored
Net Positive with Paul Polman, former CEO of Unilever, which dives
deep into the intersection of sustainability and profitability for
businesses.
“I’m looking forward to engaging in the upcoming Footprint
Sustainability Summit with leaders from business, academia, science
and government. These innovators, influencers and organizations are
playing important roles in tackling our sustainability challenges.
They will help others, and in particular businesses, elevate their
work and solve some of the planet’s hardest problems,” Andrew
Winston said.
Speakers include:
- Don Thompson, founder and CEO of Cleveland Avenue;
former McDonald’s president & CEO
- Marisa Drew, chief sustainability officer and global
head of sustainability strategy, advisory & finance, Credit
Suisse
- Jonathan Silver, senior advisor, Guggenheim Partners;
one of the nation’s leading clean economy investors and
advisors
- Nicolas Jammet, co-founder and chief concept officer of
sweetgreen – one of America’s fastest-growing restaurant companies
and a Footprint customer
- Marie Stafford, global director, Wunderman Thompson
Intelligence, who will share new consumer data on
sustainability
- Jane Muncke, PhD, managing director, Food Packaging
Forum; expert on hazardous chemicals in food-contact plastics
- Whendee L. Silver, professor of ecosystem ecology and
biogeochemistry, and Rudy Grah Endowed Chair in Forestry and
Sustainability, University of California, Berkeley; steering
committee member, Marin Carbon Project
- Major sports league representatives from four major teams in an
exciting panel on sustainable sports moderated by Adam
Fraser, CEO of Laureus Sport for Good
- Kentaro Kawamori, co-founder and CEO of Persefoni - a
carbon accounting platform helping organizations transform carbon
data into decarbonization strategies
- Charlie Rolsky, director of science North America for
Plastic Oceans International
- Plus, authors, celebrities, innovation experts and more
Footprint customers
Honored guests will include Footprint Sustainability Ambassador
and former NFL wide receiver and future Hall of Famer Larry
Fitzgerald, Phoenix Suns General Manager James Jones, and Phoenix
Suns player and sustainability champion Chris Paul, among
others.
Continuing a valued Footprint Sustainability Summit tradition,
Footprint will recognize innovative individuals and organizations
that are positively affecting the environment on a global scale and
improving the environment to create a healthier planet, with its
annual Ocean Heroes Awards sponsored by the Footprint
Foundation.
A summary and recap of select insights from the Summit will be
available on the Footprint Sustainability Summit web page at
footprintus.com/sustainability-summit following the event. For more
information about summit participation, contact:
sustainabilitysummit@footprintus.com
About Footprint
Footprint has a clear vision to create a healthier planet and
healthier people. Phase one of our mission is to provide solutions
that eliminate single-use and short-term use plastics in our food
chain. Footprint’s team of engineers use plant-based fiber
technology to design, develop and manufacture biodegradable,
compostable, and recyclable products that compete with plastic’s
cost, and performance. Footprint is rapidly expanding into new
categories with customized and patented solutions for customers.
Footprint’s products have already led to a global redirection of 61
million pounds of plastic waste from entering the air, earth, and
water working with leading global consumer brands.
In December 2021, Footprint announced its intention to list on
NASDAQ as a public company in a business combination agreement with
Gores Holdings VIII, Inc. (Nasdaq: GIIX, GIIXW and GIIXU). Full
information on this definitive agreement can be found here.
Footprint was founded in by former Intel engineers, Troy Swope
and Yoke Chung. The company employs more than 2,500 employees, with
operations in the U.S., Mexicali, Europe, and Asia. Footprint was
named to the 2020 Fortune “Change the World” list in 2020, is a
member of the World Economic Forum’s Global Innovators Community,
was named a CNBC Disruptor 50 company and Newsweek’s America’s
Greatest Disruptors/Planet Protectors in 2021.
Forward-Looking Statements
Certain statements in this press release (“Press Release”) may be considered “forward-looking
statements” as defined in the Private Securities Litigation Reform
Act of 1995 and within the meaning of the federal securities laws
with respect to the proposed business combination between the Gores
Holdings VIII Inc. (“Gores Holdings
VIII”) and Footprint International Holdco, Inc.
(“Footprint”), including statements
regarding the benefits of the proposed business combination, the
anticipated timing of the proposed business combination, the
likelihood and ability of the parties to successfully consummate
the proposed business combination and the PIPE investment, the
amount of funds available in the trust account as a result of
shareholder redemptions or otherwise, the services offered by
Footprint and the markets in which Footprint operates, business
strategies, debt levels, industry environment, potential growth
opportunities, the effects of regulations and Gores Holdings VIII’s
or Footprint’s projected future results. These forward-looking
statements generally are identified by the words “believe,”
“predict,” “project,” “potential,” “expect,” “anticipate,”
“estimate,” “intend,” “strategy,” “future,” “forecast,”
“opportunity,” “plan,” “may,” “should,” “will,” “would,” “should,”
“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 but not limited to: (i) the risk that the
proposed business combination may not be completed in a timely
manner or at all, which may adversely affect the price of Gores
Holdings VIII securities; (ii) the risk that the proposed business
combination may not be completed by Gores Holdings VIII’s business
combination deadline and the potential failure to obtain an
extension of the business combination deadline if sought by Gores
Holdings VIII; (iii) the failure to satisfy the conditions to the
consummation of the proposed business combination and PIPE
investment, including the approval of the proposed business
combination by Gores Holdings VIII’s stockholders, the satisfaction
of the minimum trust account amount following redemptions by Gores
Holdings VIII’s public stockholders and the receipt of certain
governmental and regulatory approvals; (iv) the failure to obtain
financing to complete the proposed business combination, including
to consummate the PIPE investment, (v) the effect of the
announcement or pendency of the proposed business combination on
Footprint’s business relationships, performance, and business
generally; (vi) risks that the proposed business combination
disrupts current plans of Footprint and potential difficulties in
Footprint’s employee retention as a result of the proposed business
combination; (vii) the outcome of any legal proceedings that may be
instituted against Gores Holdings VIII or Footprint related to the
agreement and the proposed business combination; (viii) changes to
the proposed structure of the business combination that may be
required or appropriate as a result of applicable laws or
regulations or as a condition to obtaining regulatory approval of
the business combination (ix) the ability to maintain the listing
of the Gores Holdings VIII’s securities on the NASDAQ; (x) the
price of Gores Holdings VIII’s securities, including volatility
resulting from changes in the competitive and highly regulated
industries in which Footprint plans to operate, variations in
performance across competitors, changes in laws and regulations
affecting Footprint’s business and changes in the combined capital
structure; (xi) the ability to implement business plans, forecasts,
and other expectations after the completion of the proposed
business combination, and identify and realize additional
opportunities; and (xii) other risks and uncertainties set forth in
the section entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statement” in Gores Holdings VIII final prospectus
relating to its initial public offering (File No. 333-252483)
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on February 24, 2021. The
foregoing list of factors is not exhaustive. There may be
additional risks that neither Gores Holdings VIII or Footprint
presently know or that Gores Holdings VIII or Footprint currently
believe are immaterial that could also cause actual results to
differ from those contained in the forward-looking statements. You
should carefully consider the foregoing factors and the other risks
and uncertainties that will be described in Gores Holdings VIII’s
definitive proxy statement contained in the Registration Statement
(as defined below), including those under “Risk Factors” therein,
and other documents filed by Gores Holdings VIII 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 Gores Holdings VIII and Footprint
assume no obligation and, except as required by law, do not intend
to update or revise these forward-looking statements, whether as a
result of new information, future events, or otherwise. Neither
Gores Holdings VIII nor Footprint gives any assurance that either
Gores Holdings VIII or Footprint will achieve its expectations.
Projections
This Press Release contains financial forecasts with respect to
Footprint’s projected financial results, including revenue.
Footprint’s independent auditors have not audited, reviewed,
compiled or performed any procedures with respect to the
projections for the purpose of their inclusion in this Press
Release, and accordingly, they did not express an opinion or
provide any other form of assurance with respect thereto for the
purpose of this Press Release. These projections should not be
relied upon as being necessarily indicative of future results. The
assumptions and estimates underlying the prospective financial
information are inherently uncertain and are subject to a wide
variety of significant business, economic and competitive risks and
uncertainties that could cause actual results to differ materially
from those contained in the prospective financial information.
Accordingly, there can be no assurance that the prospective results
are indicative of the future performance of Footprint or that
actual results will not differ materially from those presented in
the prospective financial information. Inclusion of the prospective
financial information in this Press Release should not be regarded
as a representation by any person that the results contained in the
prospective financial information will be achieved.
Actual results may differ as a result of the completion of the
Footprint’s financial reporting period closing procedures, review
adjustments and other developments that may arise between now and
the time such financial information for the period is finalized. As
a result, these estimates are preliminary, may change and
constitute forward-looking information and, as a result, are
subject to risks and uncertainties. Neither Footprint’s nor Gores
Holdings VIII’s independent registered accounting firm has audited,
reviewed or compiled, examined or performed any procedures with
respect to the preliminary results, nor have they expressed any
opinion or any other form of assurance on the preliminary financial
information.
Additional Information about the Proposed Transaction and
Where to Find It
In connection with the proposed business combination, Gores
Holdings VIII intends to file a registration statement on Form S-4
(the “Registration Statement”) that is
expected to include a preliminary prospectus and preliminary proxy
statement of Gores Holdings VIII. The definitive proxy
statement/final prospectus and other relevant documents will be
sent to all Gores Holdings VIII stockholders as of a record date to
be established for voting on the proposed business combination and
the other matters to be voted upon at a meeting of Gores Holdings
VIII’s stockholders to be held to approve the proposed business
combination and other matters (the “Special
Meeting”). Gores Holdings VIII may also file other documents
regarding the proposed business combination with the SEC. The
definitive proxy statement/final prospectus will contain important
information about the proposed business combination and the other
matters to be voted upon at the Special Meeting and may contain
information that an investor will consider important in making a
decision regarding an investment in Gores Holdings VIII’s
securities. Before making any voting decision, investors and
security holders of Gores Holdings VIII and other interested
parties are urged to read the Registration Statement and the proxy
statement and all other relevant documents filed or that will be
filed with the SEC in connection with the proposed business
combination as they become available because they will contain
important information about the proposed business
combination.
The definitive proxy statement/final prospectus will be mailed
to stockholders of Gores Holdings VIII as of a record date to be
established for voting on the business combination. Investors and
security holders will also be able to obtain free copies of the
definitive proxy statement/final prospectus and all other relevant
documents filed or that will be filed with the SEC by Gores
Holdings VIII through the website maintained by the SEC at
www.sec.gov, or by directing a request to Gores Holdings VIII,
Inc., 6260 Lookout Road, Boulder, CO 80301, attention: Jennifer
Kwon Chou or by contacting Morrow Sodali LLC, Gores Holdings VIII’s
proxy solicitor, for help, toll-free at (800) 662-5200 (banks and
brokers can call collect at (203) 658-9400).
INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN
APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY
AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS
OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION
CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
Participants in Solicitation
Gores Holdings VIII, Footprint and certain of their respective
directors, executive officers may be deemed participants in the
solicitation of proxies from Gores Holdings VIII’s stockholders
with respect to the proposed business combination. A list of the
names of those directors and executive officers of Gores Holdings
VIII and a description of their interests in Gores Holdings VIII is
set forth in Gores Holdings VIII’s filings with the SEC (including
Gores Holdings VIII’s final prospectus relating to its initial
public offering (File No. 333-252483) declared effective by the SEC
on February 24, 2021). Additional information regarding the
interests of those persons and other persons who may be deemed
participants in the proposed business combination may be obtained
by reading the Registration Statement regarding the proposed
business combination when it becomes available. The documents
described in this paragraph are available free of charge at the
SEC’s web site at www.sec.gov, or by directing a request to Gores
Holdings VIII, Inc., 6260 Lookout Rd., Boulder, CO 80301,
attention: Jennifer Kwon Chou. Additional information regarding the
names and interests of such participants will be contained in the
Registration Statement for the proposed business combination when
available.
No Offer and Non-Solicitation
This Press Release is not a proxy statement or solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the potential transaction and shall not constitute an
offer to sell or a solicitation of an offer to buy the securities
of Gores Holdings VIII, Footprint or the combined company, nor
shall there be any sale of any such securities in any state or
jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of such state or jurisdiction. No offer of
securities shall be made except by means of a prospectus meeting
the requirements of the Securities Act of 1933, as amended.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220131005185/en/
Heather Knox SVP Communications, Footprint
Heather.knox@footprintus.com
Laura Zilverberg Allison + Partners for Footprint
footprint@allisonpr.com
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