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Deferred Underwriting Compensation | 9 Months Ended | 12 Months Ended
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Sep. 30, 2020 | Dec. 31, 2019
Gores Metropoulos, Inc. |  |
Deferred Underwriting Compensation |
5. | Deferred Underwriting Compensation
The Company is committed to pay a deferred underwriting discount totaling $14,000,000 or 3.50% of the gross offering proceeds of the Public Offering, to the underwriter upon the Company’s consummation of a Business Combination. The underwriter is not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriter if there is no Business Combination. | 5. Deferred Underwriting Compensation The Company is committed to pay a deferred underwriting discount totaling $14,000,000 or 3.50% of the gross offering proceeds of the Public Offering, to the underwriter upon the Company’s consummation of a Business Combination. The underwriter is not entitled to any interest accrued on the Deferred Discount, and no Deferred Discount is payable to the underwriter if there is no Business Combination.

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- Definition The entire disclosure for deferred underwriting compensation. + References No definition available. + Details
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