Gores Holdings XI, Inc. Announces Closing of $358.8 Million Initial Public Offering and Full Exercise of Over-Allotment Option (opens original article in a new tab)

Gores Holdings XI, Inc. completed a $358.8 million IPO with 35,880,000 units, including additional shares from the underwriter's over-allotment option, with units trading on Nasdaq under GHXIU.

• Gores Holdings XI, Inc. closed a $358.8 million initial public offering with 35,880,000 units priced at $10.00 each
• The underwriter fully exercised the over-allotment option, issuing 4,680,000 additional units
• Units began trading on Nasdaq under the symbol GHXIU, with Class A shares and warrants expected to be listed separately