Grufity logoGrufity logo

GIIX

9.91USD+0.01(+0.10%)Delayed

Gores Holdings VIII Inc.

Market Summary

USD9.91+0.01Delayed
0.10%

GIIX Stock Price

RSI Chart

Valuation

Profitability

EBT Margin

58.08%

Return on Assets

0.09%

Fundamentals

Revenue

Revenue (TTM)

2.1M

Revenue Y/Y

34.9K%

Revenue Q/Q

233.89%

Earnings

Earnings (TTM)

-3.6M

Earnings Y/Y

-541.32%

Earnings Q/Q

-164.27%

Price Action

52 Week Range

10.40
(Low)(High)

Last 30 days

0.3%

Last 90 days

-0.1%

Trailing 12 Months

-0.5%

Financial Health

Current Ratio

0.07

Investor Care

Financials for Gores Holdings VIII

Income Statement (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue302.8%2,063512593131
Earnings Before Taxes-1305.8%-3,587.29297-8,345.81-8,679.47358
Net Income-1305.8%-3,587.29297-8,345.81-8,679.47478
Balance Sheet
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets0.3%347,084346,206346,030346,438347,040
  Current Assets62.8%1,2057409651,4072,016
    Cash Equivalents744.0%8189768317666
Liabilities17.8%26,77222,72727,47931,57723,140
  Current Liabilities38.0%14,69710,65215,40419,50211,065
  Retained Earnings-17.1%-25,194.29-21,521.37-26,449.12-30,139.40-21,101.20
  Additional Paid-In CapitalNaN%-----
* denotes actual numbers (not divided by Thousands)
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations136.9%408-1,107.33-1,381.84-2,596.26-3,006.98
Cashflow From Investing-91.5%-855.84-446.83-58.66-345,030.74-345,023.45
Cashflow From Financing0%600600397347,944463,926

Risks

What is the probability of a big loss on GIIX?

0%


Probability that Gores Holdings VIII stock will be more than 20% underwater in next one year

0%


Probability that Gores Holdings VIII stock will be more than 30% underwater in next one year.

0%


Probability that Gores Holdings VIII stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GIIX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Gores Holdings VIII was unfortunately bought at previous high price.

Returns

Cumulative Returns on GIIX

Which funds bought or sold GIIX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
Mint Tower Capital Management B.V.
-
-
2,000
987,000
0.08%
2022-11-16
GLENMEDE TRUST CO NA
UNCHANGED
-
2,000
1,152,000
0.01%
2022-11-15
NOMURA HOLDINGS INC
REDUCED
-50
-5,429,000
5,431,000
0.02%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Sandia Investment Management LP
NEW
-
968,000
968,000
0.15%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
Balyasny Asset Management LLC
UNCHANGED
-
6,000
2,961,000
0.01%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-0.82
6,000
15,000
-%
2022-11-15
Westchester Capital Management, LLC
UNCHANGED
-
-
64,000
-%

1–10 of 50

Latest Funds Activity

Are funds buying GIIX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own GIIX

Gores Holdings VIII News

Yahoo Finance

Was Billionaire Jeffrey Talpins Right About These 10 Stocks?.8 days ago

Dechert

Frank Mastroianni.2 months ago

GIIX Fair Value

Recent SEC filings of Gores Holdings VIII

View All Filings
Date Filed Form Type Document
Nov 10, 2022
10-Q
Quarterly Report
Nov 08, 2022
425
Prospectus Filed
Oct 18, 2022
425
Prospectus Filed
Oct 13, 2022
425
Prospectus Filed
Sep 06, 2022
8-K
Current Report
Sep 06, 2022
425
Prospectus Filed
Mark R. Stone
2
Gores Holdings VIII, Inc. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the industrials, technology, telecommunications, media and entertainment, business services, healthcare, and consumer products. The company was founded in 2020 and is based in Boulder, Colorado.

GIIX Income Statement

2022-09-30
STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Professional fees and other expenses$ (1,542,481)$ (401,452)$ (4,389,221)$ (2,193,558)
State franchise taxes, other than income tax(50,000)(50,000)(150,000)(150,000)
Gain/(loss) from change in fair value of warrant liabilities(3,130,041)1,164,6677,934,2913,057,250
Allocated expense for warrant issuance cost  (378,413)(378,413)
Net income/(loss) from operations(4,722,522)713,2153,395,070335,279
Other income - interest income1,555,3914,4402,055,83223,450
Net income/(loss) before income taxes(3,167,131)717,6555,450,902358,729
Net income/(loss) attributable to common shares$ (3,167,131)$ 717,655$ 5,450,902$ 358,729
Class A Common Stock    
Net income/(loss) per common stock:    
Common Stock - basic and diluted$ (0.06)$ 0.02$ 0.14$ (0.72)
Class F Common Stock    
Net income/(loss) per common stock:    
Common Stock - basic and diluted$ (0.13)$ 0.02$ 0.07$ (0.72)

GIIX Balance Sheet

2022-09-30
BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:  
Cash and cash equivalents$ 817,967$ 317,220
Prepaid assets387,2211,090,278
Total current assets1,205,1881,407,498
Cash, cash equivalents and other investments held in Trust Account345,879,292345,030,739
Total assets347,084,480346,438,237
Current liabilities:  
Accrued expenses, formation and offering costs5,874,6993,175,067
State franchise tax accrual30,000200,000
Notes and advances payable – related party1,950,0001,350,000
Total current liabilities14,697,11519,501,774
Deferred underwriting compensation12,075,00012,075,000
Total liabilities26,772,11531,576,774
Commitments and contingencies
Class A Common Stock subject to possible redemption, 34,500,000 and 34,500,000 shares at September 30, 2022 and December 31, 2021, respectively (at redemption value of $10.01 and $10.00 per share, respectively)345,505,792345,000,000
Stockholders’ equity (deficit):  
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding at September 30, 2022 and December 31, 2021, respectively
Accumulated deficit(25,194,290)(30,139,400)
Total stockholders’ equity (deficit)(25,193,427)(30,138,537)
Total liabilities and stockholders’ equity (deficit)347,084,480346,438,237
Class F Common Stock  
Stockholders’ equity (deficit):  
Common stock value863863
Public Warrants  
Current liabilities:  
Warrants derivative liability4,053,7508,754,375
Private Placement Warrants  
Current liabilities:  
Warrants derivative liability$ 2,788,666$ 6,022,332