Here are the 10-Q quarterly reports from Gores Holdings X, Inc. Units (GTENU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GTENU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GTENU filings page.
Gores Holdings X, Inc. (GTEN), a blank-check company seeking a Business Combination, reported net income of $3,012,931 for the quarter ended September 30, 2026, versus $1,843,616 a year earlier, and $9,424,632 for the nine months, versus $51,703. The nine-month result included $9,791,712 of Trust Account interest and a $3,229,200 noncash gain from the change in public warrant fair value. As of September 30, 2026, the company had not commenced operations or generated operating revenue.
At September 30, 2026, GTEN had $96,523 in cash, $377,503,360 in Trust Account investments and a $5,276,577 working capital deficit. Management said there was substantial doubt about its ability to continue as a going concern while it pursues a Business Combination. The deadline is May 5, 2027, or August 5, 2027 if it has executed a definitive agreement for an initial Business Combination by May 5, 2027. For the 2025 quarter, loss per share for each class was restated from $(0.65) to $(0.04) after calculation errors management deemed material to previously issued financial statements.
Gores Holdings X, Inc., a Cayman Islands-based blank check company, reported net income of $264,623 for the quarter and $6,411,701 for the six months ended June 30, 2026. Results were driven primarily by $6,429,691 of interest income on funds in the Trust Account, partially offset by $1,542,890 of professional fees and other expenses and a non-cash warrant remeasurement (including a $1,524,900 gain over the six-month period).
As of June 30, 2026, the company held $374,141,338 in its Trust Account and $194,541 in cash outside the trust, with total assets of $374,604,157. Class A ordinary shares subject to possible redemption totaled $373,777,053 (35,880,000 shares at $10.42 per share). Current liabilities were $3,686,004, resulting in a working capital deficit of $(3,223,185).
The company has not yet completed a Business Combination and generates no operating revenues, only interest on trust investments. It must close an initial Business Combination by May 5, 2027 (or August 5, 2027 if a definitive agreement is executed by May 5, 2027), or redeem all public shares and liquidate, at which point the warrants will expire worthless. Management states that the limited time remaining to complete a transaction and the working capital deficit raise substantial doubt about its ability to continue as a going concern.