Gores Holdings XI, Inc. Announces Pricing of $312 Million Initial Public Offering (Form 8-K)

Gores Holdings XI, Inc. Announces Pricing of

$312 Million Initial Public Offering

BOULDER, CO, June 22, 2026 - Gores Holdings XI, Inc. (the "Company"), a blank check company sponsored by an affiliate of The Gores Group and formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 31,200,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market and trade under the ticker symbol "GHXIU" beginning June 23, 2026. Each unit consists of one Class A ordinary share and one-fourth of one warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the symbols "GHXI" and "GHXIW," respectively.

Santander is acting as the sole underwriter for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 4,680,000 units at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at [email protected], or by telephone at 833-818-1602.

A registration statement relating to the securities was declared effective by the Securities and Exchange Commission ("SEC") on June 22, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.