Gores Holdings XI Prices $312M Nasdaq IPO

Announcement

Gores Holdings XI, Inc., 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, thereby raising $312 million. Each unit comprises one Class A ordinary share and one‑fourth of a warrant; each whole warrant entitles the holder to purchase one Class A share at $11.50.

Listing Details

The securities will commence trading on the Nasdaq Global Market under the ticker symbol GHXIU on 23 June 2026. Once the units separate, the Class A ordinary shares will trade under the ticker GHXI and the warrants under GHXIW.

Underwriting

Santander is the sole underwriter for the offering and has been granted a 45‑day option to purchase up to an additional 4,680,000 units at the IPO price of $10.00 per unit to cover any over‑allotments.

Regulatory Status

The U.S. Securities and Exchange Commission declared the registration statement effective on 22 June 2026.