Monitor for a business combination announcement, which would trigger conversion of these Class B shares and potential price movement. No immediate trading catalyst.
Price Chart
Executive Summary
Two insiders (Randall Bort and Elizabeth Marcellino) filed initial beneficial ownership statements (Form 3) with Gores Holdings XI, Inc., each reporting 25,000 Class B ordinary shares convertible into Class A shares. These are routine administrative filings for a blank-check SPAC, indicating insider equity alignment but no material corporate event.
Key Facts
- Randall Bort filed Form 3 disclosing 25,000 Class B ordinary shares (convertible 1:1 into Class A shares).
- Elizabeth Marcellino filed Form 3 disclosing 25,000 Class B ordinary shares (convertible 1:1 into Class A shares).
- Both filings include a power of attorney appointing Mark Stone and Andrew McBride as attorneys-in-fact for Section 16 and Schedule 13D/13G filings.
- Gores Holdings XI is a blank-check company (SIC 6770) with no business combination announced as of the filing date.
Financial Impact
No financial impact; insider holdings are standard for SPAC formation.
Risk Factors
- SPACs carry inherent risk of failing to complete a business combination within the allotted timeframe.
- Insider share conversion and potential dilution upon de-SPAC could affect common stock value.
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (GHXI) — Batch item 1 | 0001193125-26-278034 |
| Document: 0001193125-26-278034-index-headers.html | 0001193125-26-278033 |
| Document: 0001193125-26-278034-index.html | 0001193125-26-278034 |
| Document: 0001193125-26-278034.txt | 0001193125-26-278034 |
| 3 Filing (GHXI) — Batch item 5 | 0001193125-26-278033 |
| Document: 0001193125-26-278033-index-headers.html | 0001193125-26-278034 |
| Document: 0001193125-26-278033-index.html | 0001193125-26-278034 |
| Document: 0001193125-26-278033.txt | 0001193125-26-278034 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 30, 2026 17w ago | 8-K | — | awaiting T+20 | — | — |
Jun 24, 2026 17w ago | 8-K | — | awaiting T+20 | — | — |
Jun 23, 2026 18w ago | 424B4 | — | awaiting T+20 | — | — |
Jun 23, 2026 18w ago | EFFECT | — | awaiting T+20 | — | — |
Jun 22, 2026 18w ago | 3 | — | awaiting T+20 | — | — |
Jun 22, 2026 18w ago | 3 | — | awaiting T+20 | — | — |
Jun 22, 2026 18w ago | 3 | — | awaiting T+20 | — | — |
Jun 22, 2026 18w ago | 3 | — | awaiting T+20 | — | — |
US Market Status
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