Gores Holdings X (GTENU) Stock Price, News & Analysis

Company Overview

Gores Holdings X, Inc. is a Delaware-incorporated special purpose acquisition company (SPAC) formed by The Gores Group, a private equity firm headquartered in Los Angeles. The company completed its initial public offering on the Nasdaq in August 2021, issuing units that trade under the ticker GTENU. As a blank-check vehicle, Gores Holdings X does not operate an active business but instead holds funds in trust pending the identification and completion of a qualifying business combination.

Through its SPAC structure, Gores Holdings X seeks to combine with one or more businesses in sectors where The Gores Group has demonstrated expertise, including technology, tech-enabled services and industrial technology. The company’s sponsors draw on decades of deal-making experience to source targets that offer strong market positions, potential for operational improvements and sustainable growth trajectories. Gores Holdings X may pursue opportunities across North America, Europe and other developed markets.

The SPAC is led by a management team with extensive backgrounds in private equity, mergers and acquisitions, and operational transformation. Alec Gores, the founder of The Gores Group, serves as a key sponsor and strategic advisor, leveraging his track record of taking companies public and guiding them through value-creation initiatives. The leadership team evaluates prospective targets through a disciplined investment process, aiming to align long-term shareholder value with operational performance.

Until it completes a business combination, Gores Holdings X remains focused on fulfilling the criteria set forth in its charter, including conducting thorough due diligence on potential acquisition candidates and obtaining shareholder approval for any merger transaction. Upon closing a qualifying deal, Gores Holdings X will transition from a SPAC structure to an operating company, merging its capital base and management expertise with the acquired business to drive future growth.

Key Stats

• Today's Range: $10.63 to $10.65
• 50-Day Range: $10.19 to $11.32
• 52-Week Range: $10.07 to $11.32
• Volume: 4,104 shs
• Average Volume: 138,500 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GTENU Stock Analysis - Frequently Asked Questions

How have GTENU shares performed this year?

Gores Holdings X's stock was trading at $10.07 on January 1st, 2025. Since then, GTENU shares have increased by 5.6% and is now trading at $10.63.

When did Gores Holdings X IPO?

Gores Holdings X (GTENU) raised $312 million in an initial public offering (IPO) on Friday, May 2nd 2025. The company issued 31,200,000 shares at a price of $10.00 per share.

When does the company's lock-up period expire?

Gores Holdings X's lock-up period expires on Wednesday, October 29th. Gores Holdings X had issued 31,200,000 shares in its initial public offering on May 2nd. The total size of the offering was $312,000,000 based on an initial share price of $10.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

How do I buy shares of Gores Holdings X?

Shares of GTENU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:GTENU
• CIK: 1986817
• Web: N/A
• Phone: (303) 531-3100
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A