secwatch.observer — SEC 8-K summary
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Issuer:     Gores Holdings X, Inc. / CI (GTEN)
CIK:        0001986817
Form:       8-K
Filed at:   2025-05-09T23:59:59+00:00
Accession:  0001193125-25-116922
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1986817/000119312525116922/0001193125-25-116922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1986817/000119312525116922/d945478d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-116922

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