Gores Holdings X, Inc. Warrant

Gores Holdings X, Inc. Warrant is an equity derivative security issued by Gores Holdings X, Inc., a special purpose acquisition company (SPAC) organized to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies. Each warrant entitles the holder to purchase one Class A ordinary share of Gores Holdings X, Inc. at a predetermined exercise price of $11.50 per share, following separation from the originally offered combination unit. The separation of these warrants for individual trading occurred after the initial public offering, allowing for independent trading and liquidity for both the shares and warrants. The primary function of this warrant is to provide investors with leveraged exposure to the potential upside of a future business combination executed by the SPAC. This financial instrument plays a significant role in the SPAC market by enhancing capital-raising flexibility and offering additional value opportunities to unit holders. The SPAC intends to target sectors such as industrials, technology, telecom, media and entertainment, business services, healthcare, and consumer products, reflecting Gores Holdings X, Inc.’s broad industry focus and market reach.