---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-281284"
form_type: "8-K"
ticker: "GHXI"
cik: "0002086438"
company_name: "Gores Holdings XI, Inc."
filed_at: "2026-06-24T21:19:23+00:00"
generated_at: "2026-06-24T21:21:19.022478+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-281284
- form_type: 8-K
- ticker: GHXI
- cik: 0002086438
- company_name: Gores Holdings XI, Inc.
- filed_at: 2026-06-24T21:19:23+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2086438/000119312526281284/0001193125-26-281284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2086438/000119312526281284/d157295d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-281284
- JSON: https://secwatch.observer/filing/0001193125-26-281284.json
- Plain text: https://secwatch.observer/filing/0001193125-26-281284.txt

## Key facts
- Executive change
  Keith Covington was appointed as Director at Gores Holdings XI, Inc..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2086438/000119312526281284/0001193125-26-281284-index.htm
- Executive change
  Randall Bort was appointed as Director at Gores Holdings XI, Inc..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2086438/000119312526281284/0001193125-26-281284-index.htm
- Executive change
  Elizabeth Marcellino was appointed as Director at Gores Holdings XI, Inc..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2086438/000119312526281284/0001193125-26-281284-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.