secwatch.observer — SEC 8-K summary
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Issuer:     Gores Holdings XI, Inc. (GHXI)
CIK:        0002086438
Form:       8-K
Filed at:   2026-06-30T21:26:05+00:00
Accession:  0001193125-26-290853
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gores Holdings XI completes $358.8M IPO; 35.88M units at $10.00 each
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- IPO of 35,880,000 units at $10.00/unit, gross proceeds $358.8M; includes full exercise of over-allotment of 4,680,000 units.
- Private placement of 225,000 Class A shares to sponsor Gores Sponsor XI LLC at $10.00/share, gross $2.25M.
- Total of $358.8M placed in trust account with Equiniti Trust Company, LLC.
- Company has 24 months (or 27 months if definitive agreement within 24 months) to complete initial business combination.
- Audited balance sheet as of June 24, 2026 filed as Exhibit 99.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2086438/000119312526290853/0001193125-26-290853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2086438/000119312526290853/d117784d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-290853

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