Gores Sponsor X LLC / CI - May 1, 2025 Form 3 Insider Report for Gores Holdings X, Inc. / CI (GTEN)

Signature
/s/ Andrew McBride, Attorney-in-Fact for Gores Sponsor X LLC
Stock symbol
GTEN
Transactions as of
May 1, 2025
Transactions value $
$0
Form type
3
Date filed
5/1/2025, 09:42 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding GTEN Class B Ordinary Shares, par value $0.0001 per share May 1, 2025 Class A Ordinary Shares, par value $0.0001 per share 8.9M Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gores Sponsor X LLC (the "Sponsor") directly owns 8,895,000 Class B ordinary shares, par value $0.0001 per share (the "Class B Shares"), of the Issuer, including 1,170,000 Class B Shares that are subject to forfeiture if the underwriters of the Issuer's initial public offering do not exercise in full an option granted to them to cover over-allotments. Such Class B Shares have no expiration date and (i) are convertible into Class A ordinary shares, par value $0.0001 per share ("Class A Shares"), of the Issuer at any time at the option of the holder on a one-for-one basis and (ii) will automatically convert into Class A Shares at the time of the Issuer's initial business combination on a one-for-one basis, in each case, subject to adjustment as described under the heading "Description of Securities-Founder Shares and Private Placement Shares" in the Issuer's registration statement on Form S-1 (File No. 333-286495).
F2 The managing member of the Sponsor is AEG Holdings, LLC ("AEG"). Alec Gores (together with the Sponsor and AEG, the "Reporting Persons") is the managing member of AEG and a director of the Issuer.
F3 Because of the relationship among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
F4 Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.

Remarks:

Exhibit 24.1 Power of Attorney Exhibit 99.1 Joint Filer Information