Gores Holdings X, Inc.’s (NASDAQ:GTENU) Quiet Period Will Expire on June 11th

Gores Holdings X’s (NASDAQ:GTENUGet Free Report) quiet period will expire on Wednesday, June 11th. Gores Holdings X had issued 31,200,000 shares in its IPO on May 2nd. The total size of the offering was $312,000,000 based on an initial share price of $10.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Gores Holdings X to a “hold” rating in a research report on Friday.

Read Our Latest Stock Analysis on GTENU

Gores Holdings X Stock Performance

Shares of GTENU opened at $10.23 on Friday. Gores Holdings X has a 1 year low of $10.07 and a 1 year high of $10.38.

Gores Holdings X, Inc is a financial services company in the Trading industry.

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