Item 8.01 Other Events.
On January 14, 2022, Gores Holdings IX, Inc. (the "Company") consummated its
initial public offering (the "IPO") of 52,500,000 units (the "Units"). Each Unit
consists of one share of Class A common stock of the Company, par value $0.0001
per share ("Class A Common Stock"), and one-third of one warrant of the Company
("Warrant"), each whole Warrant entitling the holder thereof to purchase one
share of Class A Common Stock at an exercise price of $11.50 per share. The
Units were sold at a price of $10.00 per unit, generating gross proceeds to the
Company of $525,000,000.
On January 14, 2022, simultaneously with the consummation of the IPO, the
Company completed the private sale (the "Private Placement") of 8,333,333
warrants (the "Private Placement Warrants") at a purchase price of $1.50 per
Private Placement Warrant, to the Company's sponsor, Gores Sponsor IX LLC,
generating gross proceeds to the Company of approximately $12,500,000.
A total of $525,000,000, comprised of $514,500,000 of the proceeds from the IPO,
including approximately $18,375,000 of the underwriters' deferred discount, and
$10,500,000 of the proceeds of the sale of the Private Placement Warrants, were
placed in a trust account maintained by Computershare Inc. and Computershare
Transfer & Trust Company, N.A., acting as trustee. An audited balance sheet as
of January 14, 2022 reflecting receipt of the proceeds upon consummation of the
IPO and the Private Placement has been issued by the Company and is included as
Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed with this Form 8-K:
Exhibit
No. Description of Exhibits
99.1 Audited Balance Sheet, as of January 14, 2022.
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