Gores Holdings X Withdraws $725M IPO

Gores Holdings X, a SPAC formed by The Gores Group, withdrew registration for a $725 million IPO initally registered with the SEC in December 2021.

The SPAC is led by Chairman Alec Gores. Gores X had planned to leverage management’s experience in industrials, technology, telecommunications, media and entertainment, business services, healthcare and consumer products for a potential acquisition. 

The SPAC had planned to list on the Nasdaq with Deutsche Bank, Citigroup and Goldman Sachs tapped as co-managers of the offering. Read more.

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