{"id":845770,"date":"2025-05-01T17:54:07","date_gmt":"2025-05-01T21:54:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gores-holdings-x-inc-announces-pricing-of-upsized-312-million-initial-public-offering\/"},"modified":"2025-05-01T17:54:07","modified_gmt":"2025-05-01T21:54:07","slug":"gores-holdings-x-inc-announces-pricing-of-upsized-312-million-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gores-holdings-x-inc-announces-pricing-of-upsized-312-million-initial-public-offering\/","title":{"rendered":"Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering<\/b><\/p>\n<p>BOULDER, Colo.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGores Holdings X, Inc. (the \u201cCompany\u201d), a blank check company sponsored by an affiliate of The Gores Group and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and trade under the ticker symbol \u201c<b>GTENU<\/b>\u201d beginning May 2, 2025. Each unit consists of one Class A ordinary share and one-fourth of one warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the symbols \u201c<b>GTEN<\/b>\u201d and \u201c<b>GTENW<\/b>,\u201d respectively.\n<\/p>\n<p>\nSantander US Capital Markets LLC is acting as the sole underwriter for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 4,680,000 units at the initial public offering price to cover over-allotments, if any.\n<\/p>\n<p>\nThe offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at <a rel=\"nofollow\" href=\"mailto:equity-syndicate@santander.us\">equity-syndicate@santander.us<\/a>, or by telephone at 833-818-1602.\n<\/p>\n<p>\nA registration statement relating to the securities was declared effective by the Securities and Exchange Commission (\u201cSEC\u201d) on May 1, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\n<\/p>\n<p>\nThis press release contains statements that constitute \u201cforward-looking statements,\u201d including with respect to the proposed initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and preliminary prospectus for the Company\u2019s offering filed with the SEC. Copies are available on the SEC\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54247873&amp;newsitemid=20250501103850&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=46eed4fcf35cad2e8b919fdc57eda31c\">www.sec.gov<\/a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250501103850r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250501103850\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250501103850\/en\/<\/a><\/span><\/p>\n<p><b>For more information, please contact:<br \/>\n<\/b><br \/>Jennifer Kwon Chou<br \/>\n<br \/>Senior Managing Director, The Gores Group<br \/>\n<br \/>(310) 209-3010<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jchou@gores.com\">jchou@gores.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Colorado<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Business<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering BOULDER, Colo.&#8211;(BUSINESS WIRE)&#8211; Gores Holdings X, Inc. (the \u201cCompany\u201d), a blank check company sponsored by an affiliate of The Gores Group and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and trade under the ticker symbol \u201cGTENU\u201d beginning May 2, 2025. Each unit consists of one Class A ordinary share and one-fourth of one warrant. Each whole warrant entitles the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gores-holdings-x-inc-announces-pricing-of-upsized-312-million-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-845770","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gores-holdings-x-inc-announces-pricing-of-upsized-312-million-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Gores Holdings X, Inc. Announces Pricing of Upsized $312 Million Initial Public Offering BOULDER, Colo.&#8211;(BUSINESS WIRE)&#8211; Gores Holdings X, Inc. (the \u201cCompany\u201d), a blank check company sponsored by an affiliate of The Gores Group and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and trade under the ticker symbol \u201cGTENU\u201d beginning May 2, 2025. Each unit consists of one Class A ordinary share and one-fourth of one warrant. Each whole warrant entitles the &hellip; Continue reading &quot;Gores Holdings X, Inc. 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