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Healthcare of Ontario Pension Plan Trust Fund (HOOPP) reports beneficial ownership of 2,400,000 Class A ordinary shares of Gores Holdings X, Inc., representing 6.6% of the outstanding Class A shares. The position is held in the form of units, each consisting of one Class A share and one-fourth of a warrant; whole warrants are exercisable at $11.50. HOOPP certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.
This filing discloses a material institutional stake above the 5% threshold and notes the presence of attached warrants that, if exercised, could increase HOOPP’s economic exposure and could have dilutive effects on the Class A share count.