SEC Comment Letter 0000000000-23-009509 to Gores Holdings X, Inc. / CI (GTEN)
Gores Holdings X, Inc. / CI
Date: Aug. 29, 2023 · CIK: 0001986817 · Accession: 0000000000-23-009509
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United States securities and exchange commission logo August 29, 2023 Mark Stone Chief Executive Officer Gores Holdings X, Inc. / CI 6260 Lookout Road Boulder, CO 80301 Re:Gores Holdings X, Inc. / CI Draft Registration Statement on Form S-1 Submitted August 3, 2023 CIK No. 0001986817 Dear Mark Stone: We have reviewed your draft registration statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this comment and your amended draft registration statement or filed registration statement, we may have additional comments. Draft Registration Statement on Form S-1 submitted August 3, 2023 Permitted Purchases of our Securities, page 124 1.We note the disclosure in this section that if you seek shareholder approval of the business combination, your sponsor, officers, directors and affiliates may purchase shares in privately negotiated transactions. You then state that such purchases would be to "vote such shares in favor of the business combination and thereby increase the likelihood of obtaining shareholder approval of the business combination." Please reconcile with the disclosure on page 27 where you state such shares will not be voted. See also for guidance Question 166.01 of the Compliance and Disclosure Interpretations Tender Offer Rules and Schedules.
FirstName LastNameMark Stone Comapany NameGores Holdings X, Inc. / CI August 29, 2023 Page 2 FirstName LastName Mark Stone Gores Holdings X, Inc. / CI August 29, 2023 Page 2 You may contact Eric McPhee at 202-551-3693 or Robert Telewicz at 202-551-3438 if you have questions regarding the financial statements and related matters. Please contact Catherine De Lorenzo at 202-551-3772 or Pam Howell at 202-551-3772 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Heather Emmel, Esq.
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United States securities and exchange commission logo
August 29, 2023
Mark Stone
Chief Executive Officer
Gores Holdings X, Inc. / CI
6260 Lookout Road
Boulder, CO 80301
Re:Gores Holdings X, Inc. / CI
Draft Registration Statement on Form S-1
Submitted August 3, 2023
CIK No. 0001986817
Dear Mark Stone:
We have reviewed your draft registration statement and have the following comment. In
our comment, we may ask you to provide us with information so we may better understand your
disclosure.
Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe our comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
After reviewing the information you provide in response to this comment and your
amended draft registration statement or filed registration statement, we may have additional
comments.
Draft Registration Statement on Form S-1 submitted August 3, 2023
Permitted Purchases of our Securities, page 124
1.We note the disclosure in this section that if you seek shareholder approval of the business
combination, your sponsor, officers, directors and affiliates may purchase shares in
privately negotiated transactions. You then state that such purchases would be to "vote
such shares in favor of the business combination and thereby increase the likelihood of
obtaining shareholder approval of the business combination." Please reconcile with the
disclosure on page 27 where you state such shares will not be voted. See also for
guidance Question 166.01 of the Compliance and Disclosure Interpretations Tender Offer
Rules and Schedules.
FirstName LastNameMark Stone
Comapany NameGores Holdings X, Inc. / CI
August 29, 2023 Page 2
FirstName LastName
Mark Stone
Gores Holdings X, Inc. / CI
August 29, 2023
Page 2
You may contact Eric McPhee at 202-551-3693 or Robert Telewicz at 202-551-3438 if
you have questions regarding the financial statements and related matters. Please contact
Catherine De Lorenzo at 202-551-3772 or Pam Howell at 202-551-3772 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Heather Emmel, Esq.