Gores Holdings XI, Inc. (NASDAQ:GHXIU – Get Free Report) shares traded up 0% on Monday. The company traded as high as $10.0490 and last traded at $10.05. Approximately 31 shares traded hands during trading, a decline of 100% from the average daily volume of 86,585 shares. The stock had previously closed at $10.0490.
Gores Holdings XI Price Performance
The firm’s fifty day simple moving average is $10.16.
Gores Holdings XI Company Profile
Gores Holdings XI, Inc is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Potential transactions may include a merger, stock purchase, reorganization, or similar combination that would allow a private business to become publicly traded.
As a SPAC, Gores Holdings XI does not have significant operating activities, products, or services of its own. Its primary activities involve raising capital through a public offering, evaluating acquisition opportunities, and negotiating a potential transaction.
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