Gores Holdings X, Inc. Units
GTENU
NASDAQ Global Select10.55
USD
+0.06
- -
CIK
0001986817
ISIN
KYG4002F1173
CUSIP
38322UAA4
Return %
Stock
S&P500
1Y
2.83
26.53
3Y
4.77
76.60
5Y
4.77
80.11
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 United States of America 80301
- IPO Date
- May 2, 2025
- CIK
- 0001986817
- Website
- gores.com
- Similar Companies
- Business
- Gores Holdings X, Inc. (GTENU) is a blank check company, or special purpose acquisition company (SPAC), sponsored by an affiliate of The Gores Group, LLC, that focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in industrials, technology, telecom, media and entertainment, business services, healthcare, and consumer products. Incorporated in 2021 as a Cayman Islands exempted company and headquartered in Boulder, Colorado, the company offers investors units comprising one Class A ordinary share and one-fourth of a redeemable warrant, exercisable at $11.50 per share, with its securities listed on the Nasdaq Global Market under the symbols GTENU (units), GTEN (Class A ordinary shares), and GTENW (warrants). The firm leverages the extensive operational expertise and global network of its sponsor, a Beverly Hills-based investment firm founded in 1987 with over 35 years of experience in acquiring, growing, and transforming businesses across multiple sectors. In May 2025, Gores Holdings X completed an upsized initial public offering of 35.88 million units at $10.00 each, generating gross proceeds of $358.8 million including the full exercise of the underwriter's over-allotment option, followed by a concurrent private placement of 225,000 Class A ordinary shares to its sponsor, Gores Sponsor X LLC, for $2.25 million; in June 2025, the company's units began separate trading of its Class A ordinary shares and warrants. As of December 2025, no business combination has been announced or completed, positioning the company to deploy its trust account proceeds, held by Computershare Trust Company, N.A., toward identifying and acquiring a target with strong growth potential that complements its management's domain knowledge. The SPAC operates without current revenue-generating products or services beyond its capital-raising structure, maintaining a focus on strategic deployment within an 18- to 24-month timeframe from IPO closing.
Gores Holdings X (NASDAQ:GTENU) Trading Down 0.1% – Here’s What Happened
Gores Holdings X, Inc. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing June 23, 2025