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AI brief of an SEC Form 8-K · Gores Holdings XI, Inc. (GHXI)

Gores Holdings XI completes $358.8 million IPO of 35.88 million units

Neutral Impact 3 of 5 financing Written later

Gores Holdings XI, Inc. consummated its initial public offering on June 24, 2026, selling 35,880,000 units at $10.00 each for gross proceeds of $358,800,000, including full exercise of the underwriter's over-allotment option. The company placed $358,800,000 in a trust account, held for a future business combination, and filed an audited balance sheet as of June 24, 2026.

Key points

  • IPO of 35,880,000 units at $10.00 per unit on June 24, 2026, including 4,680,000 units from the full over-allotment option
  • Each unit contains one Class A ordinary share and one-fourth of one warrant exercisable at $11.50 per share
  • Private sale of 225,000 Class A shares to sponsor Gores Sponsor XI LLC for approximately $2,250,000
  • $358,800,000 placed in a trust account maintained by Equiniti Trust Company, LLC

The filing

CompanyGores Holdings XI, Inc. (GHXI)
Form8-K, current report
Filed with the SECJun 30, 2026, 5:26 PM ET
Accession number0001193125-26-290853

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.