Gores Holdings X, Inc. ownership disclosure: Fort Baker Capital Management LP reports beneficial ownership of 2,315,190 Class A ordinary shares, representing 6.4% of the class. The filing cites 36,105,000 Class A shares outstanding as of March 27, 2026 from the issuer's Form 10-K.
The Schedule 13G is filed jointly by Fort Baker Capital Management LP, Fort Baker Capital, LLC and Steven Patrick Pigott, who is identified as Chief Investment Officer and reports shared voting and dispositive power over the disclosed shares.
Barclays PLC reports beneficial ownership of 2,308,063 shares of GORES HOLDINGS X INC-CL A, representing 6.39% of the class as shown on 03/31/2026. The filing states Barclays has sole voting and sole dispositive power over these shares and identifies Barclays Bank PLC as the relevant subsidiary. The schedule is signed by Ramya Rao, Director, dated 05/14/2026.
Gores Holdings X, Inc., a SPAC, reported net income of $6.15 million for the three months ended March 31, 2026, compared with a net loss of $54,039 a year earlier. Results were driven by a $3.20 million interest gain on funds in its trust account and a $3.14 million non‑cash gain from the lower fair value of its public warrant liability, while operating expenses were $189,862.
Total assets were $371.7 million, including $370.9 million of cash and investments in the trust and $431,326 of operating cash. The company has 35,880,000 Class A shares subject to redemption at $10.33 per share and a working capital deficit of about $1.9 million. Management discloses substantial doubt about its ability to continue as a going concern if it cannot complete a business combination by May 5, 2027 (or August 4, 2027 if a definitive agreement is executed by May 5, 2027). No business combination has been completed yet, so the company continues to earn only interest income while searching for a target.
Gores Holdings X, Inc., a Cayman Islands-based blank check company, files its annual report outlining its structure and capital from its May 5, 2025 IPO. The company sold 35,880,000 units at $10.00 each, raising gross proceeds of $358,800,000, and placed that amount, along with a portion of private placement proceeds, into a trust account.
As of June 30, 2025, the aggregate market value of Class A ordinary shares held by non-affiliates was $367.77 million
The report details its SPAC strategy, sponsor economics, potential conflicts of interest, redemption mechanics, and restrictions designed to protect the trust. It confirms emerging growth company and smaller reporting company status and notes $619,576 remained outside the trust as of December 31, 2025.
Gores Holdings X Schedule 13G: Reporting persons Gores Sponsor X LLC, AEG Holdings, LLC and Alec Gores disclose beneficial ownership of 9,120,000 Class A ordinary shares (consisting of 225,000 Class A shares and 8,895,000 Class A shares issuable upon conversion of Class B shares). The filing states this equals approximately 20.3% of Class A ordinary shares based on 36,105,000 shares outstanding as of August 12, 2025. Class B shares will automatically convert into Class A shares at the time of the issuer's initial business combination or earlier at the holder's option, on a one-for-one basis, subject to adjustment. The Schedule 13G is signed by Alec Gores on March 13, 2026.