SCHEDULE 13G: Tenor Capital and Affiliates Disclose 5.1% Passive Stake in Gores Holdings X, Inc.

Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have jointly disclosed a passive beneficial ownership of 5.1% in Gores Holdings X, Inc.'s Class A ordinary shares.

Summary

• Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah collectively reported beneficial ownership of 1,812,567 Class A ordinary shares of Gores Holdings X, Inc.
• This ownership represents 5.1% of the Class A ordinary shares outstanding.
• The shares are held by Tenor Opportunity Master Fund, Ltd., with Tenor Capital Management Company, L.P. serving as its investment manager.
• Robin Shah is the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital.
• The reporting persons disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.
• The filing certifies that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of a passive ownership stake, carrying a neutral sentiment as it does not indicate any strategic changes, financial performance, or operational updates.

Industry Context

This filing is a standard disclosure of a significant passive ownership stake in a publicly traded company, common among investment funds and their principals. It does not provide specific industry context beyond the ownership structure.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive ownership stake, confirming that a large block of shares is held by institutional investors without intent to influence control.

Key Dates

Keywords

Gores Holdings X Inc., Tenor Capital Management Company L.P., Tenor Opportunity Master Fund Ltd., Robin Shah, Schedule 13G, Beneficial Ownership, Class A ordinary shares, Passive Investment, SEC Filing