G
Gores Holdings X, Inc. / CI
GTENWCIK 0001986817NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthBlank ChecksE9FY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$920.7K
Total Assets
$368.72M
Equity
$-31.30M
Shares Out
—
Op. Cash Flow
$-1.04M
Business
Gores Holdings X, Inc. / CI is a foreign private issuer in Blank Checks, headquartered in the United States. Shares trade on Nasdaq under the ticker GTEN.
Auto-generated from company profile
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Professional fees and other expenses | −2 | — | |
| Net loss from operations | −2 | — | |
| Change in fair value of public and private warrant liabilities | −7 | — | |
| Allocated expense for warrant issuance cost | −103,033 | — | |
| Other income - Interest earned on investments held in Trust Account | 10 | — | |
| Total other income/(expense) | 3 | — | |
| Net income | 920,659 | 0 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Cash | 619,576 | 2,774 | — | |
| Deferred offering costs associated with public offering | — | 1 | — | |
| Prepaid expenses | 355,733 | — | — | |
| Total current assets | 975,309 | 1 | — | |
| Cash and investments held in Trust Account | 368 | — | — | |
| Total assets | 369 | 1 | — | |
| Accrued expenses, formation and offering costs | 3 | 1 | — | |
| Total current liabilities | 3 | 1 | — | |
| Advisory fee | 11 | — | — | |
| Deferred underwriting compensation | 11 | — | — | |
| Total liabilities | 32 | 1 | — | |
| Commitments and contingencies | — | — | — | |
| Class A Ordinary Shares subject to possible redemption, 35,880,000 and -0- shares, respectively (at redemption value of $10.25 and $0.00 per share, at December 31, 2025 and December 31, 2024 respectively) | 368 | — | — | |
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding | — | — | — | |
| Additional paid-in-capital | 0 | 24,103 | — | |
| Accumulated deficit | −31 | −65,000 | — | |
| Total shareholder's deficit | −31 | −40,000 | −40,000 | |
| Total liabilities and shareholder's deficit | 369 | 1 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Net income | 920,659 | — | |
| Interest reinvested in the Trust Account | −10 | — | |
| Prepaid expenses | −355,733 | — | |
| Accrued expenses, formation and offering costs | 1 | −52,901 | |
| Net cash used in operating activities | −1 | −52,901 | |
| Cash deposited in Trust Account | −359 | — | |
| Cash withdrawn from Trust Account as tax and regulatory withdrawal | 569,464 | — | |
| Net cash used in investing activities | −358 | — | |
| Proceeds from sale of Units in initial public offering | 359 | — | |
| Proceeds from sale of Private Placement Shares to Sponsor | 2 | — | |
| Change in deferred offering costs | −738,696 | — | |
| Payment of underwriter's discounts and commissions | −250,000 | — | |
| Proceeds from notes payable related party | 59,000 | 52,901 | |
| Repayment of notes payable - related party | −231,901 | — | |
| Net cash provided by financing activities | 360 | — | |
| Net change in cash | 616,802 | — | |
| Offering costs included in accrued expenses | 2 | 260,598 | |
| Advisory fee | 11 | — | |
| Deferred underwriting compensation | 11 | — | |
| Offering costs charged to additional paid in capital | 2 | — | |
| Initial classification of warrant liability - public | 2 | — |
Filings
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