Gores Holdings X, Inc.
GTEN
NASDAQ Global Select10.46
USD
-0.01
- -
CIK
0001986817
ISIN
KYG4002F1090
CUSIP
G4002F109
Return %
Stock
S&P500
1Y
1.06
18.21
3Y
2.65
64.38
5Y
2.65
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Mark Ronald Stone
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6260 Lookout Road Boulder CO United States of America 80301
- IPO Date
- May 2, 2025
- CIK
- 0001986817
- Website
- gores.com
- Similar Companies
- Business
- Gores Holdings X, Inc. is a special purpose acquisition company (SPAC) incorporated in 2021 and headquartered in Boulder, Colorado. The company focuses primarily on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more operating businesses. It targets a broad range of industries, including industrials, technology, telecommunications, media and entertainment, business services, healthcare, and consumer products, leveraging the operational expertise and network of its sponsor, The Gores Group. As a blank check company, Gores Holdings X, Inc. does not currently manufacture or sell products or services directly but aims to identify and merge with established businesses that align with its strategic investment goals. The company completed an upsized initial public offering in May 2025, raising approximately $358.8 million through the issuance of units, each comprising one Class A ordinary share and a fraction of a warrant, reflecting strong investor demand. This capital positions Gores Holdings X to pursue substantial acquisitions or business combinations in its targeted sectors. Recently, Gores Holdings X has been involved in significant financial and structural developments including the closing of its large IPO, with over-allotment exercised fully, and the commencement of separate trading of its Class A shares and warrants as of June 2025. These steps reflect its preparation to engage in meaningful business combinations and expand its footprint through strategic acquisitions. It operates under the broader investment approach of The Gores Group, known for its expertise in acquiring and growing differentiated businesses globally. The company’s business model is grounded in leveraging its management team's experience and The Gores Group’s extensive industry network to create value through operational improvements and growth initiatives post-acquisition. Gores Holdings X serves institutional investors and public market participants seeking exposure to diverse sectors via SPAC-sponsored mergers. Its geographic operations are primarily focused on North America, with potential expansion through acquired businesses globally. Overall, Gores Holdings X, Inc. functions as a capital-raising vehicle targeting high-potential acquisition opportunities in multiple industry verticals, supported by a recent successful IPO and strategic readiness to pursue transformative business combinations. It remains a significant player within The Gores Group’s portfolio of investment entities aiming for long-term value creation in various sectors.