Gores Holdings X closes IPO of 35.88M units at $10/unit, raising $358.8M gross

Gores Holdings X, Inc. / CI

Units sold include full over-allotment of 4.68M; each unit consists of one Class A share and one-fourth of a warrant.
Simultaneous private placement of 225K Class A shares to sponsor at $10/share for $2.25M.
Total $358.8M placed in trust; audited balance sheet shows $360.3M in total assets and $358.8M in redeemable shares.
Company has up to 24 months (or 27 with definitive agreement) to complete a business combination.
Offering costs totaled $13.4M, including $10.8M deferred underwriting compensation and $1.5M public warrant liability.

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