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Gores Holdings XI (Nasdaq:GHXIU), a blank check company sponsored by an affiliate of The Gores Group, closed its initial public offering of 35,880,000 units, including full over-allotment, at $10.00 per unit for gross proceeds of $358.8 million.
Each unit includes one Class A share and one-fourth warrant; whole warrants are exercisable at $11.50 per share. Units trade as GHXIU, with Class A shares and warrants expected to list as GHXI and GHXIW. Santander acted as sole underwriter.
Gores Holdings XI (Nasdaq: GHXIU / GHXI), a blank check company sponsored by an affiliate of The Gores Group, priced its initial public offering of 31,200,000 units at $10.00 per unit, for gross proceeds of $312 million before any over-allotment.
The units start trading on the Nasdaq Global Market as GHXIU on June 23, 2026. Each unit includes one Class A ordinary share and one-fourth of a warrant, with each whole warrant exercisable at $11.50 per share. The underwriter has a 45-day option to buy up to 4,680,000 additional units. Class A shares and warrants are expected to trade separately as GHXI and GHXIW.