Matterport, Inc. reported raising $12 Million in an initial SEC Form D filing, from an offering of $15 Million

Company

Location

About

Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 194 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 and browse a gallery of digital twins. ©2022 Matterport, Inc. All rights reserved. Enview and Enview Explore are trademarks of Enview, Inc. and Matterport and the Matterport logo are trademarks of Matterport, Inc. All other marks are the property of their respective owners. Media Contact:Tim McDowdDirector, Communicationspress@matterport.com+1 (650) 273-6999 Investor Contact: Soohwan Kim, CFAVP, Investor Relationsir@matterport.com Forward-Looking StatementsThis press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services and products offered by Matterport and Enview, and the markets in which Matterport and Enview operate, their respective business strategies, current and potential customers, industry environment, and expected public warrant redemption. 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 the expected impacts and benefits of Matterport’s acquisition of Enview, including any accelerated datafication of Matterport’s platform, the capabilities and performance of Enview’s AI platform and its use by existing and future customers, and Matterport’s ability to integrate Enview’s AI platform and business into Matterport’s existing business and operations. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Matterport from time to time with the U.S. Securities and Exchange Commission (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.