Gores Holdings XI closes $358.8M IPO, including full over-allotment; appoints three directors

Gores Holdings XI, Inc.

Gross proceeds of $358.8M from 35,880,000 units at $10.00/unit; full underwriter over-allotment exercised.
$358.8M placed in trust for initial business combination within 24-month window; up to $600K/year interest released for working capital.
Sponsor bought 225,000 private placement shares at $10.00/share for $2.25M via Section 4(a)(2).
Appointed Randall Bort, Keith Covington, Elizabeth Marcellino to board; Bort Audit chair, Marcellino Compensation chair.
Amended and restated memorandum and articles of association effective; new director indemnity agreements entered into.

item 1.01 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Keith Covington

Director

GHXI · Gores Holdings XI, Inc.

Effective: 2026-06-22
Filed: June 24, 2026, 5:19 PM ET

On June 22, 2026, in connection with the IPO, Randall Bort, Keith Covington and Elizabeth Marcellino (collectively, the “New Directors”) were appointed to the board of directors of the Company.

Appointed

Randall Bort

Director

GHXI · Gores Holdings XI, Inc.

Effective: 2026-06-22
Filed: June 24, 2026, 5:19 PM ET

On June 22, 2026, in connection with the IPO, Randall Bort, Keith Covington and Elizabeth Marcellino (collectively, the “New Directors”) were appointed to the board of directors of the Company.

Appointed

Elizabeth Marcellino

Director

GHXI · Gores Holdings XI, Inc.

Effective: 2026-06-22
Filed: June 24, 2026, 5:19 PM ET

On June 22, 2026, in connection with the IPO, Randall Bort, Keith Covington and Elizabeth Marcellino (collectively, the “New Directors”) were appointed to the board of directors of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Keith Covington was appointed as Director at Gores Holdings XI, Inc..

Action: appointed
Role: Director

Exact text from the filing

On June 22, 2026, in connection with the IPO, Randall Bort, Keith Covington 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

Randall Bort was appointed as Director at Gores Holdings XI, Inc..

Action: appointed
Role: Director

Exact text from the filing

On June 22, 2026, in connection with the IPO, Randall Bort, Keith Covington 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 XI, Inc..

Action: appointed
Role: Director

Exact text from the filing

On June 22, 2026, in connection with the IPO, Randall Bort, Keith Covington and Elizabeth Marcellino (collectively, the “New Directors”) were appointed to the board of directors of the Company.

View on SEC.gov

Gores Holdings XI, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-281284

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