SCHEDULE: HOOPP Discloses 6.6% Stake in Gores Holdings X

Healthcare of Ontario Pension Plan Trust Fund (HOOPP) has disclosed a 6.6% beneficial ownership stake in Gores Holdings X, Inc., a blank check company.

Summary

• Healthcare of Ontario Pension Plan Trust Fund (HOOPP) beneficially owns 2,400,000 Class A ordinary shares of Gores Holdings X, Inc.
• This ownership represents 6.6% of the Issuer's Class A ordinary shares outstanding.
• The shares are held in the form of units, with each unit consisting of one Class A ordinary share and one-fourth of one warrant.
• Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50, subject to adjustment.
• The percentage ownership is calculated based on 36,105,000 Class A ordinary shares issued and outstanding as of June 13, 2025, as reported in the Issuer's Form 10-Q.

Sentiment

Score: 6

Explanation: The filing indicates a significant stake by a reputable institutional investor, which can be viewed as a positive signal of confidence in the issuer, Gores Holdings X, Inc. However, it is a standard ownership disclosure and does not contain operational or financial performance data.

Positives

• Significant investment by a major institutional investor (Healthcare of Ontario Pension Plan Trust Fund) indicates confidence in Gores Holdings X, Inc.

Negatives

• No specific negative financial or operational details are disclosed in this Schedule 13G filing, as it is primarily an ownership disclosure.

Risks

• Investment in a blank check company (SPAC) carries inherent risks related to the eventual business combination or liquidation.
• The value of warrants is dependent on the Class A share price exceeding the $11.50 exercise price.

Future Outlook

The filing does not provide a future outlook for Gores Holdings X, Inc. It states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Management Comments

• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing highlights continued institutional interest in Special Purpose Acquisition Companies (SPACs) like Gores Holdings X, Inc., as large pension funds such as Healthcare of Ontario Pension Plan Trust Fund allocate capital to these vehicles as part of their diversified investment strategies.

Comparison to Industry Standards

• Not applicable; this filing is a disclosure of beneficial ownership by an institutional investor and does not contain performance metrics for comparison against industry standards or specific comparable companies/projects.

Stakeholder Impact

• Shareholders may view the significant investment by a large pension fund as a positive indicator of institutional confidence in Gores Holdings X, Inc.

Next Steps

• No specific future actions or milestones for the issuer are mentioned in this beneficial ownership filing.

Key Dates

Keywords

SPAC, Gores Holdings X, HOOPP, Schedule 13G, Institutional Investment, Class A Shares, Warrants, Pension Plan, Beneficial Ownership