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.
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Insights
Large sponsor position of 20.3% disclosed, held via Class B conversion mechanics.
Gores Sponsor X LLC and affiliated entities report beneficial ownership of 9,120,000 shares, including 8,895,000 shares convertible from Class B into Class A on a one-for-one basis at an initial business combination. The filing ties the 20.3% figure to August 12, 2025 outstanding shares.
The stake is concentrated and structured through conversion rights; future voting and economic exposure will depend on conversion timing and any adjustments described in the registration statement. Subsequent filings will show material changes if conversions or dispositions occur.
Schedule 13G reports beneficial ownership and attributes shared voting/dispositive power to the Reporting Persons.
The disclosure states shared voting and dispositive power over 9,120,000 shares, with 225,000 Class A currently held and 8,895,000 Class A issuable upon conversion of Class B. The conversion mechanics are described in the issuer's Form S-1 (File No. 333-286495).
Filing formalities are completed with signatures dated March 13, 2026. Any change in ownership, conversion, or sale must be reflected in subsequent filings as required by applicable reporting rules.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Gores Holdings X, Inc.
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G4002F109
(CUSIP Number)
06/30/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G4002F109
1
Names of Reporting Persons
Gores Sponsor X LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,120,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,120,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,120,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
20.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: In reference to Rows 6, 8, and 9 above, amounts consist of 225,000 Class A ordinary shares, par value $0.0001 per share ("Class A ordinary shares"), of Gores Holdings X, Inc. (the "Issuer") and 8,895,000 Class A ordinary shares that will be acquirable upon conversion of 8,895,000 Class B ordinary shares, par value $0.0001 per share ("Class B ordinary shares") of the Issuer. Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for one basis subject to adjustment, as more fully described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-286495).
In reference to Row 11 above, the percentage of ownership is based on 36,105,000 Class A ordinary shares issued and outstanding as of August 12, 2025, as reported on the Issuer's Form 10-Q for the quarter ended June 30, 2025, filed with the Securities and Exchange Commission (the "SEC") on August 13, 2025 and assuming the conversion of all the Class B ordinary shares held by Gores Sponsor X LLC.
SCHEDULE 13G
CUSIP No.
G4002F109
1
Names of Reporting Persons
AEG Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,120,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,120,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,120,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
20.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: In reference to Rows 6, 8, and 9 above, amounts consist of 225,000 Class A ordinary shares and 8,895,000 Class A ordinary shares that will be acquirable upon conversion of 8,895,000 Class B ordinary shares. Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for one basis subject to adjustment, as more fully described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-286495).
In reference to Row 11 above, the percentage of ownership is based on 36,105,000 Class A ordinary shares issued and outstanding as of August 12, 2025, as reported on the Issuer's Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 13, 2025 and assuming the conversion of all the Class B ordinary shares held by Gores Sponsor X LLC.
SCHEDULE 13G
CUSIP No.
G4002F109
1
Names of Reporting Persons
Alec Gores
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
9,120,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,120,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,120,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
20.3 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: In reference to Rows 6, 8, and 9 above, amounts consist of 225,000 Class A ordinary shares and 8,895,000 Class A ordinary shares that will be acquirable upon conversion of 8,895,000 Class B ordinary shares. Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for one basis subject to adjustment, as more fully described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-286495).
In reference to Row 11 above, the percentage of ownership is based on 36,105,000 Class A ordinary shares issued and outstanding as of August 12, 2025, as reported on the Issuer's Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 13, 2025 and assuming the conversion of all the Class B ordinary shares held by Gores Sponsor X LLC.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Gores Holdings X, Inc.
(b)
Address of issuer's principal executive offices:
6260 Lookout Road, Boulder, Colorado 80301
Item 2.
(a)
Name of person filing:
Gores Holdings X LLC (the "Sponsor"), AEG Holdings, LLC, the managing partner of the Sponsor ("AEG"), and Alec Gores, the managing member of AEG (collectively, the "Reporting Persons")
(b)
Address or principal business office or, if none, residence:
6260 Lookout Road, Boulder, Colorado 80301
(c)
Citizenship:
Sponsor (Caymen Islands), AEG (Delaware) and Mr. Gores (U.S. citizen)
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 per share
(e)
CUSIP No.:
G4002F109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The Reporting Persons may be be deemed to beneficially own 225,000 Class A ordinary shares and 8,895,000 Class A ordinary shares that will be acquirable upon conversion of 8,895,000 Class B ordinary shares. Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for one basis subject to adjustment, as more fully described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-286495).
The Reporting Persons may be deemed to beneficially own approximately 20.3% of the Class A ordinary shares, based on 36,105,000 Class A ordinary shares issued and outstanding as of August 12, 2025, as reported on the Issuer's Form 10-Q for the quarter ended June 30, 2025, filed with the SEC on August 13, 2025 and assuming the conversion of all the Class B ordinary shares held by Gores Sponsor X LLC.
(b)
Percent of class:
The information Item 4(a) of this Schedule 13G is hereby incorporated by reference.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information set forth in Item 4(a) of this Schedule 13G is hereby incorporated by reference.
(ii) Shared power to vote or to direct the vote:
The information set forth in Item 4(a) of this Schedule 13G is hereby incorporated by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information set forth in Item 4(a) of this Schedule 13G is hereby incorporated by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information set forth in Item 4(a) of this Schedule 13G is hereby incorporated by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Under certain circumstances, members of the Reporting Persons, as the case may be, could have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Class A ordinary shares owned by such Reporting Persons.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Gores Sponsor X LLC
Signature:
/s/ Alec Gores
Name/Title:
by AEG Holdings, LLC, its Managing Member, Alec Gores/Manager
Date:
03/13/2026
AEG Holdings, LLC
Signature:
/s/ Alec Gores
Name/Title:
Alec Gores/Manager
Date:
03/13/2026
Alec Gores
Signature:
/s/ Alex Gores
Name/Title:
Alec Gores
Date:
03/13/2026
Exhibit Information
Exhibit A - Joint Filing Agreement, dated as of March 13, 2026, by and among the Reporting Persons.
What stake does Gores Sponsor X LLC report in GTEN?
The sponsor reports beneficial ownership of 9,120,000 Class A ordinary shares, representing approximately 20.3% of Class A shares based on August 12, 2025 outstanding share count of 36,105,000.
How is the 9,120,000 share count composed?
The total includes 225,000 Class A ordinary shares currently held and 8,895,000 Class A shares issuable upon conversion of 8,895,000 Class B ordinary shares on a one-for-one basis at conversion.
When do Class B shares convert into Class A shares for GTEN?
Class B ordinary shares will automatically convert into Class A ordinary 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.
What date is the outstanding share basis for the percentage calculation?
The 20.3% ownership percentage is based on 36,105,000 Class A ordinary shares issued and outstanding as of August 12, 2025, as reported in the issuer’s Form 10-Q for the quarter ended June 30, 2025.
Who signed the Schedule 13G disclosing this position?
The Schedule 13G is signed by Alec Gores on behalf of the reporting entities, with signature dates shown as March 13, 2026.
