Footprint Main Legal Officer Awarded Corporate Counsel Award for Environmental Effect

GILBERT, Ariz.–(Small business WIRE)–Footprint, a world supplies science technologies enterprise centered on generating a healthful

GILBERT, Ariz.–(Small business WIRE)–Footprint, a world supplies science technologies enterprise centered on generating a healthful earth, announced that its Chief Authorized Officer Steve Burdumy has been awarded with an Arizona Corporate Counsel of the 12 months Award in the category of Environmental Affect.

Steve Burdumy delivers lawful and small business expertise in his job as Footprint’s Running Director and Chief Authorized Officer. Employing prior working experience in company, securities, mergers and acquisitions and organization operations, he has produced significant contributions to Footprint in overseeing money increasing, mergers, securities issues, and developing strategic relationships with buyers and suppliers in the company’s quest to invent and generate new components to change single-use plastics.

“From supplying business and legal management on our long-phrase naming rights deal with the Phoenix Suns for Footprint Center, to top our recently declared SPAC merger, supporting our consumer associations and shielding our intellectual residence, Steve has been a critical component of Footprint’s growth trajectory and accomplishment story,” mentioned Troy Swope, CEO and co-founder of Footprint. “All of us at Footprint congratulate Steve on this recognition.”

AZ Enterprise journal, in partnership with the Affiliation of Company Counsel and the Point out Bar of Arizona, hosts the annual Arizona Corporate Counsel Awards to realize the critical and essential position that in-property counsel plays in the results of corporations throughout the condition of Arizona. Finalists stand for the greatest legal know-how across all industries in the private and public sectors, and were celebrated at its annual occasion past night.

“I’m humbled by this nomination and recognition by my peers in the Arizona legal local community,” Steve Burdumy stated. “Each working day our staff members at Footprint are driven to make a healthier planet, and it is my honor to be component of a team that proceeds to make a profound effect on the globe.”

About Footprint

Footprint has a very clear vision to produce a healthier world and much healthier persons. Period a person of our mission is to supply methods that eliminate single-use and shorter-expression use plastics in our foods chain. Footprint’s staff of engineers use plant-based mostly fiber engineering to layout, acquire and manufacture biodegradable, compostable, and recyclable merchandise that contend with plastic’s value, and effectiveness. Footprint is rapidly growing into new categories with customized and patented alternatives for shoppers. Footprint’s solutions have presently led to a world-wide redirection of 61 million lbs . of plastic waste from moving into the air, earth, and water performing with foremost world-wide shopper brands.

In December 2021, Footprint announced its intention to listing on NASDAQ as a general public company in a business enterprise mixture arrangement with Gores Holdings VIII, Inc. (Nasdaq: GIIX, GIIXW and GIIXU). Entire info on this definitive arrangement can be located in this article.

Footprint was launched in by former Intel engineers, Troy Swope and Yoke Chung. The firm employs much more than 2,500 employees, with functions in the U.S., Mexicali, Europe, and Asia. Footprint was named to the 2020 Fortune “Change the World” listing in 2020, is a member of the World Financial Forum’s Global Innovators Neighborhood, was named a CNBC Disruptor 50 company and Newsweek’s America’s Biggest Disruptors/Planet Protectors in 2021.

About Gores Holdings VIII, Inc.

Gores Holdings VIII, Inc. (Nasdaq: GIIXU) is a particular function acquisition business sponsored by an affiliate of The Gores Group, LLC, established by Alec Gores. Gores Holdings VIII, Inc. done its preliminary general public presenting in March 2021, boosting around $345 million in income proceeds for the function of effecting a merger, cash inventory trade, asset acquisition, stock acquire, reorganization or identical organization mixture with 1 or a lot more firms. Gores Holdings VIII, Inc.’s technique is to identify, acquire and, soon after the preliminary company blend, to develop a business in an market or sector that complements the encounter of its management group and can gain from their operational expertise.

Forward-seeking Statements

Certain statements in this conversation (“Conversation”) could be considered “forward-seeking statements” as outlined in the Private Securities Litigation Reform Act of 1995 and inside of the that means of the federal securities regulations with regard to the proposed business mix among the Gores Holdings VIII, Inc. (“Gores Holdings VIII”) and Footprint International Holdco, Inc. (“Footprint”), which includes statements about the advantages of the proposed enterprise combination, the predicted timing of the proposed business enterprise blend, the probability and ability of the get-togethers to productively consummate the proposed small business mix and the PIPE expenditure, the volume of money available in the rely on account as a result of shareholder redemptions or in any other case, the expert services provided by Footprint and the markets in which Footprint operates, small business procedures, financial debt levels, marketplace setting, opportunity development options, the results of restrictions and Gores Holdings VIII’s or Footprint’s projected long term outcomes. These forward-searching statements typically 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 proceed,” “will likely end result,” and similar expressions (such as the damaging versions of these kinds of words and phrases or expressions).

Ahead-searching statements are predictions, projections and other statements about long term gatherings that are dependent on recent expectations and assumptions and, as a result, are topic to threats and uncertainties. Numerous elements could cause precise long run activities to differ materially from the ahead-looking statements in this doc, including but not restricted to: (i) the threat that the proposed organization mix may well not be done in a well timed way or at all, which might adversely have an impact on the price of Gores Holdings VIII securities (ii) the hazard that the proposed business combination could not be concluded by Gores Holdings VIII’s enterprise mixture deadline and the likely failure to receive an extension of the company mixture deadline if sought by Gores Holdings VIII (iii) the failure to satisfy the problems to the consummation of the proposed enterprise mixture and PIPE financial commitment, including the acceptance of the proposed company blend by Gores Holdings VIII’s stockholders, the satisfaction of the minimum amount rely on account total pursuing redemptions by Gores Holdings VIII’s general public stockholders and the receipt of specified governmental and regulatory approvals (iv) the failure to attain funding to total the proposed business combination, which include to consummate the PIPE investment, (v) the influence of the announcement or pendency of the proposed business enterprise mixture on Footprint’s organization associations, general performance, and small business generally (vi) dangers that the proposed small business blend disrupts present ideas of Footprint and probable difficulties in Footprint’s employee retention as a outcome of the proposed business enterprise mixture (vii) the final result of any lawful proceedings that may well be instituted in opposition to Gores Holdings VIII or Footprint linked to the agreement and the proposed business enterprise mixture (viii) adjustments to the proposed structure of the organization mixture that may possibly be required or ideal as a end result of applicable regulations or laws or as a ailment to obtaining regulatory approval of the business mix (ix) the capacity to sustain the listing of the Gores Holdings VIII’s securities on the NASDAQ (x) the price of Gores Holdings VIII’s securities, which includes volatility resulting from changes in the competitive and hugely regulated industries in which Footprint ideas to work, variations in performance throughout rivals, changes in rules and rules impacting Footprint’s business and changes in the combined capital structure (xi) the means to apply organization ideas, forecasts, and other anticipations just after the completion of the proposed company mix, and determine and recognize supplemental alternatives and (xii) other risks and uncertainties established forth in the segment entitled “Risk Factors” and “Cautionary Note Relating to Forward-Hunting Statement” in Gores Holdings VIII ultimate prospectus relating to its original public featuring (File No. 333-252483) declared successful by the U.S. Securities and Exchange Commission (the “SEC”) on February 24, 2021 and other documents submitted, or to be submitted with the SEC by Gores Holdings VIII, including the Registration Assertion. The foregoing checklist of factors is not exhaustive. There may possibly be added dangers that neither Gores Holdings VIII or Footprint presently know or that Gores Holdings VIII or Footprint currently believe that are immaterial that could also lead to real success to vary from those contained in the ahead-on the lookout statements. You should very carefully think about the foregoing variables and the other challenges and uncertainties that will be described in Gores Holdings VIII’s definitive proxy assertion contained in the Registration Assertion (as defined under), which include those below “Risk Factors” therein, and other documents filed by Gores Holdings VIII from time to time with the SEC. These filings recognize and handle other vital threats and uncertainties that could cause true gatherings and effects to differ materially from people contained in the ahead-wanting statements. Forward-wanting statements speak only as of the date they are built. Audience 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 regulation, do not intend to update or revise these ahead-wanting statements, whether as a final result of new information, long term activities, or in any other case. Neither Gores Holdings VIII nor Footprint offers any assurance that possibly Gores Holdings VIII or Footprint will obtain its anticipations.

Projections

This Communication consists of economical forecasts with respect to Footprint’s projected monetary success, together with revenue. Footprint’s independent auditors have not audited, reviewed, compiled or carried out any techniques with regard to the projections for the purpose of their inclusion in this Communication, and appropriately, they did not specific an view or deliver any other type of assurance with respect thereto for the purpose of this Conversation. These projections should not be relied on as becoming always indicative of foreseeable future final results. The assumptions and estimates fundamental the prospective economical facts are inherently unsure and are subject matter to a wide assortment of substantial company, economic and aggressive dangers and uncertainties that could bring about real benefits to differ materially from individuals contained in the future fiscal information and facts. Appropriately, there can be no assurance that the prospective benefits are indicative of the upcoming overall performance of Footprint or that actual results will not differ materially from all those offered in the prospective fiscal info. Inclusion of the potential monetary details in this Interaction need to not be regarded as a illustration by any human being that the effects contained in the future financial data will be reached.

Precise results may well differ as a end result of the completion of the Footprint’s financial reporting time period closing strategies, critique adjustments and other developments that may perhaps come up between now and the time these kinds of fiscal info for the period of time is finalized. As a consequence, these estimates are preliminary, may transform and represent forward-hunting info and, as a final result, are topic to hazards and uncertainties. Neither Footprint’s nor Gores Holdings VIII’s independent registered accounting company has audited, reviewed or compiled, examined or done any methods with respect to the preliminary benefits, nor have they expressed any feeling or any other sort of assurance on the preliminary money information and facts.

Further Details about the Proposed Transaction and Where to Find It

In connection with the small business mixture, Gores Holdings VIII has filed a registration statement on Kind S-4 (the “Registration Statement”) that involves a preliminary prospectus and preliminary proxy assertion of Gores Holdings VIII. The proxy assertion/prospectus is not however efficient. The definitive proxy assertion/prospectus, when it is declared productive by the SEC, will be sent to all Gores Holdings VIII stockholders as of a record day to be set up for voting on the proposed enterprise mix and the other issues to be voted upon at a conference of Gores Holdings VIII’s stockholders to be held to approve the proposed small business mixture and other matters (the “Special Meeting”). Gores Holdings VIII may also file other files pertaining to the proposed business blend with the SEC. The definitive proxy assertion/closing prospectus will contain essential information and facts about the proposed business blend and the other issues to be voted upon at the Distinctive Meeting and may perhaps contain data that an investor will take into consideration crucial in earning a final decision with regards to an investment in Gores Holdings VIII’s securities. Ahead of generating any voting conclusion, buyers and security holders of Gores Holdings VIII and other fascinated parties are urged to examine the Registration Assertion and the proxy statement and all other appropriate files submitted or that will be filed with the SEC in relationship with the proposed small business combination as they grow to be offered mainly because they will contain important data about the proposed business enterprise combination.

The definitive proxy assertion/remaining prospectus will be mailed to stockholders of Gores Holdings VIII as of a record day to be proven for voting on the organization blend. Investors and safety holders will also be equipped to receive free copies of the definitive proxy assertion/last prospectus and all other suitable paperwork filed or that will be submitted with the SEC by Gores Holdings VIII through the web site maintained by the SEC at www.sec.gov, or by directing a ask for to Gores Holdings VIII, Inc., 6260 Lookout Street, Boulder, CO 80301, awareness: Jennifer Kwon Chou or by contacting Morrow Sodali LLC, Gores Holdings VIII’s proxy solicitor, for assist, toll-no cost at (800) 662-5200 (banks and brokers can get in touch with obtain at (203) 658-9400).

Expenditure IN ANY SECURITIES Described HEREIN HAS NOT BEEN Permitted OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY Passed Upon OR ENDORSED THE Deserves OF THE Featuring OR THE Precision OR ADEQUACY OF THE Data CONTAINED HEREIN. ANY Representation TO THE Opposite IS A Criminal OFFENSE.

Participants in Solicitation

Gores Holdings VIII, Footprint and certain of their respective administrators, government officers may well be deemed individuals in the solicitation of proxies from Gores Holdings VIII’s stockholders with respect to the proposed business blend. A list of the names of these administrators 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 (which includes Gores Holdings VIII’s remaining prospectus relating to its initial community presenting (File No. 333-252483) declared productive by the SEC on February 24, 2021). Extra data pertaining to the pursuits of all those people and other individuals who might be considered contributors in the proposed enterprise mix may be received by reading through the Registration Assertion. The documents explained in this paragraph are out there free of charge of demand at the SEC’s website website at www.sec.gov, or by directing a request to Gores Holdings VIII, Inc., 6260 Lookout Rd., Boulder, CO 80301, interest: Jennifer Kwon Chou. Extra details regarding the names and interests of this kind of contributors will be contained in the Registration Statement for the proposed business enterprise mixture when out there.

No Provide and Non-Solicitation

This Conversation is not a proxy statement or solicitation of a proxy, consent or authorization with regard to any securities or in regard of the probable transaction and shall not represent an provide to market or a solicitation of an offer you to purchase the securities of Gores Holdings VIII, Footprint or the put together corporation, nor shall there be any sale of any these securities in any point out or jurisdiction in which this kind of give, solicitation, or sale would be illegal prior to registration or qualification underneath the securities legislation of this kind of condition or jurisdiction. No offer you of securities shall be produced other than by indicates of a prospectus conference the prerequisites of the Securities Act of 1933, as amended.