<span item_type="fundamental" item_id="5192674b4fb5ad97685bb4c200fd669c" counter_id="ST/US/GTENU" env="prod"></span><span item_type="announcement" item_id="526980437615381121" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.01.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not commenced any operations and therefore has not generated any operating revenues as of March 31, 2025. The company will generate income in the form of interest income from the proceeds derived from the Initial Public Offering.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>For the three months ended March 31, 2025, the company reported a net loss of - $54,039, compared to no income or expenses for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li><li>The accumulated deficit increased from - $65,000 as of December 31, 2024, to - $119,039 as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>The company reported no net cash used in operating activities for the three months ended March 31, 2025, compared to - $49,101 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li><li>Cash at the end of the period remained unchanged at $2,774 as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Deferred offering costs associated with the proposed public offering increased from $1,181,858 as of December 31, 2024, to $1,910,035 as of March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to complete a Business Combination within 24 months from the closing of the IPO, with an option to extend to 27 months if a definitive agreement is executed within the initial 24 months. The company aims to acquire a business with an aggregate fair market value equal to at least 80% of the net assets held in the Trust Account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li><li><strong>Non-Core Business</strong>: The company has not identified any non-core business strategies or divestitures at this time.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1986817/000095017025086263/ck0001986817-20250331.htm"></span></li></ul>

Gores Holdings X - Unit | 10-Q: FY2025 Q1 EPS: USD -0.01