Gores Holdings XI, a blank-check company backed by The Gores Group, closed its initial public offering of 35.88 million units, including the full exercise of the underwriter's over-allotment option, raising gross proceeds of about $358.8 million.
The SPAC's units began trading on Nasdaq under the symbol GHXIU on June 23.
Price: 10.06, Change: +0.01, Percent Change: +0.10
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