8-K
filed May 6, 2025, 7:59 PM ET
ticker GTEN
CIK 0001986817
other material
confidence high
sentiment neutral
materiality 0.75
Gores Holdings X closes $358.8M SPAC IPO; units begin trading May 2
Gores Holdings X, Inc. / CI
- Gross proceeds of $358.8M from 35.88M units at $10; includes full exercise of over-allotment option.
- Sponsor purchased 225,000 private placement shares for $2.25M; funds placed in trust account.
- Board adds Randall Bort (audit chair), Nancy Tellem, Elizabeth Marcellino (comp chair).
- Class B ordinary shares increased to 8.97M via share capitalization; trust holds $358.8M.
- Units trade on Nasdaq under GTENU; GTEN and GTENW expected to trade separately later.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randall Bort was appointed as Chair of Audit Committee at Gores Holdings X, Inc. / CI.
- Action
- appointed
- Role
- Chair of Audit Committee
Exact text from the filing
Mr. Bort serving as chair of the Audit Committee.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randall Bort was appointed as Director at Gores Holdings X, Inc. / CI.
- Action
- appointed
- Role
- Director
Exact text from the filing
Randall Bort, Nancy Tellem and Elizabeth Marcellino (collectively, the “ New Directors ”) were appointed to the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nancy Tellem was appointed as Director at Gores Holdings X, Inc. / CI.
- Action
- appointed
- Role
- Director
Exact text from the filing
Randall Bort, Nancy Tellem and Elizabeth Marcellino (collectively, the “ New Directors ”) were appointed to the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Elizabeth Marcellino was appointed as Director at Gores Holdings X, Inc. / CI.
- Action
- appointed
- Role
- Director
Exact text from the filing
Randall Bort, Nancy Tellem and Elizabeth Marcellino (collectively, the “ New Directors ”) were appointed to the board of directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Elizabeth Marcellino was appointed as Chair of Compensation Committee at Gores Holdings X, Inc. / CI.
- Action
- appointed
- Role
- Chair of Compensation Committee
Exact text from the filing
Ms. Marcellino serving as chair of the Compensation Committee.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.95
Gores Holdings X, Inc. / CI: Company filed amended and restated memorandum and articles of association effective May 1, 2025, in connection with its IPO (effective 2025-05-01).
- Change
- charter amendment
- Effective
- 2025-05-01
Exact text from the filing
On May 1, 2025, in connection with the IPO, the Company filed its amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”) with the Cayman Islands Registrar of Companies, which was effective on May 1, 2025.
View on SEC.gov
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