Gores Holdings XI, Inc. 6M 2026: Net loss $(905.9K), EPS $(2.98) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Gores Holdings XI, Inc. reported a consolidated net loss of $905,902 and a basic/diluted EPS of $(2.98) for the six months ended June 30, 2026. The company completed its IPO on June 24, 2026, raising funds to search for a business combination as a blank-check entity. It holds cash sufficient to support operations through mid-2028. Public warrants are accounted for as liabilities subject to fair-value remeasurements.
Gores Holdings XI, Inc. reported a consolidated net loss for the six months ended June 30, 2026, with a net loss of $(905,902) and basic and diluted net loss per share of $(2.98). The company completed its IPO on June 24, 2026 and is operating as a blank‑check company while it searches for a business combination.
Financial Highlights
- Net income: $(905,902) for the six months ended June 30, 2026 (consolidated net loss reported).
- Diluted EPS: Basic and diluted net loss per share $ (2.98) for the six months ended June 30, 2026.
- Revenue: Not presented in Part I Items 1–2 for the period.
Business Highlights
- IPO Completion: Completed an initial public offering on June 24, 2026, raising gross proceeds to fund the search for a target and ongoing operations.
- Business Focus: Continues to operate as a blank‑check company actively sourcing a business combination with operating target(s).
- Operational Runway: Holds cash expected to support search activities through mid‑2028, while noting continued spending on deal sourcing and diligence.
- Warrants & Instruments: Public warrants are accounted for as liabilities and are subject to fair‑value remeasurements that affect reported results.
Original SEC Filing: Gores Holdings XI, Inc. [ GHXIU ] - 10-Q - Jul. 24, 2026