GIIX - Gores Holdings VIII Stock

GIIX Stock Price

GIIX RSI Chart

GIIX Valuation

GIIX Profitability

EBT Margin

-173.88%

Return on Assets

-1.03%

GIIX Fundamentals

GIIX Revenue

Revenue (TTM)

2.1M

Revenue Y/Y

34.9K%

Revenue Q/Q

233.89%

GIIX Earnings

Earnings (TTM)

-3.6M

Earnings Y/Y

-541.32%

Earnings Q/Q

-164.27%

Price Action

Last 7 days

0.1%

Last 30 days

1.3%

Last 90 days

1.9%

Trailing 12 Months

-1.3%

GIIX Financial Health

Current Ratio

0.08

GIIX Investor Care

Financials for Gores Holdings VIII

* denotes actual numbers (not divided by Thousands)
Income Statement (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	302.8%	2,063	512	59.00	31.00	31.00
EBITDA	-1305.8%	-3,587	297	-8,345	-8,679	358
EBITDA Margin	-399.4%	-1.74*	0.58*	-142.27*	-282.36*	11.43*
Earnings Before Taxes	-1305.8%	-3,587	297	-8,345	-8,679	358
EBT Margin	-399.4%	-1.74*	0.58*	-142.27*	-282.36*	11.43*
Net Income	-1305.8%	-3,587	297	-8,345	-8,679	478
Net Income Margin	-399.4%	-1.74*	0.58*	-142.27*	-282.36*	15.30*
Free Cahsflow	136.9%	408	-1,107	-1,381	-2,596	-3,006

* denotes actual numbers (not divided by Thousands)
Balance Sheet					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	0.3%	347,084	346,206	346,030	346,438	347,040
Current Assets	62.8%	1,205	740	965	1,407	2,016
Cash Equivalents	744.0%	818	97.00	68.00	317	666
Liabilities	17.8%	26,772	22,727	27,479	31,577	23,140
Current Liabilities	38.0%	14,697	10,652	15,404	19,502	11,065
Retained Earnings	-17.1%	-25,194	-21,521	-26,449	-30,139	-21,101
Additional Paid-In Capital	NaN%	-	-	-	-	-

Cashflow (Last 12 Months)					(In Thousands)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	136.9%	408	-1,107	-1,381	-2,596	-3,006
Cashflow From Investing	-91.5%	-855	-446	-58.66	-345,030	-345,023
Cashflow From Financing	0%	600	600	397	347,944	463,926

Risks for GIIX

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.

Drawdowns

Returns for GIIX

Cumulative Returns on GIIX

Which funds bought or sold GIIX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-06	Rockefeller Capital Management L.P.	sold off	-100	-74,000	-	-%
2023-03-06	Rockefeller Capital Management L.P.	sold off	-100	-64,000	-	-%
2023-03-06	Rockefeller Capital Management L.P.	sold off	-100	-1,379,000	-	-%
2023-02-17	Radcliffe Capital Management, L.P.	sold off	-100	-2,456,000	-	-%
2023-02-15	Vestcor Inc	sold off	-100	-1,974,000	-	-%
2023-02-15	Myriad Asset Management US LP	sold off	-100	-15,000	-	-%
2023-02-15	Virtu Financial LLC	sold off	-100	-523,000	-	-%
2023-02-15	JANE STREET GROUP, LLC	sold off	-100	-15,000	-	-%
2023-02-15	Shaolin Capital Management LLC	sold off	-100	-5,544,000	-	-%
2023-02-15	Vestcor Inc	sold off	-100	-24,000	-	-%

Latest Funds Activity

Are funds buying GIIX calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GIIX

No. of Funds

Gores Holdings VIII News

Schedule 13G FIlings of Gores Holdings VIII

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	canyon capital advisors llc	0.00%	0	SC 13G/A
Feb 14, 2023	empyrean capital partners, lp	0%	0	SC 13G/A
Feb 14, 2023	citadel advisors llc	0.0%	0	SC 13G/A
Feb 14, 2023	fort baker capital management lp	0%	0	SC 13G/A
Feb 03, 2023	bluecrest capital management ltd	0.0%	0	SC 13G/A
Dec 14, 2022	sculptor capital lp	9.42%	3,249,111	SC 13G
May 27, 2022	bluecrest capital management ltd	5.1%	1,755,979	SC 13G
Mar 18, 2022	citadel advisors llc	6.5%	6	SC 13G
Feb 14, 2022	fort baker capital management lp	5.20%	1,792,690	SC 13G
Feb 14, 2022	guggenheim capital llc	8.70%	3e+06	SC 13G

GIIX Fair Value

Recent SEC filings of Gores Holdings VIII

View All Filings

Date Filed	Form Type	Document
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 03, 2023	SC 13G/A	Major Ownership Report
Jan 09, 2023	15-12G	15-12G
Dec 29, 2022	8-K	Current Report
Dec 29, 2022	25-NSE	25-NSE
Dec 15, 2022	DEFA14A	DEFA14A
Dec 15, 2022	DEF 14A	DEF 14A

About Gores Holdings VIII

Mark R. Stone

N/A

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 ($)	3 Months Ended		9 Months Ended
STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	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)	1,164,667	7,934,291	3,057,250
Allocated expense for warrant issuance cost			(378,413)	(378,413)
Net income/(loss) from operations	(4,722,522)	713,215	3,395,070	335,279
Other income - interest income	1,555,391	4,440	2,055,832	23,450
Net income/(loss) before income taxes	(3,167,131)	717,655	5,450,902	358,729
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 assets	387,221	1,090,278
Total current assets	1,205,188	1,407,498
Cash, cash equivalents and other investments held in Trust Account	345,879,292	345,030,739
Total assets	347,084,480	346,438,237
Current liabilities:
Accrued expenses, formation and offering costs	5,874,699	3,175,067
State franchise tax accrual	30,000	200,000
Notes and advances payable – related party	1,950,000	1,350,000
Total current liabilities	14,697,115	19,501,774
Deferred underwriting compensation	12,075,000	12,075,000
Total liabilities	26,772,115	31,576,774
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)	345,505,792	345,000,000
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)	347,084,480	346,438,237
Class F Common Stock
Stockholders’ equity (deficit):
Common stock value	863	863
Public Warrants
Current liabilities:
Warrants derivative liability	4,053,750	8,754,375
Private Placement Warrants
Current liabilities:
Warrants derivative liability	$ 2,788,666	$ 6,022,332