Fort Baker Capital Management LP Acquires 6.4% Stake in Gores Holdings X, Inc. (GTEN)

On May 15, 2026, Fort Baker Capital Management LP filed a Schedule 13G reporting a new significant ownership stake in Gores Holdings X, Inc. (GTEN). The filing reveals that the reporting persons, which include Fort Baker Capital Management LP, Steven Patrick Pigott, and Fort Baker Capital, LLC, collectively hold 2,315,190 Class A ordinary shares. This position represents a 6.4% ownership interest in the company, based on 36,105,000 shares outstanding as of March 27, 2026. The event triggering this filing occurred on March 31, 2026. Steven Patrick Pigott serves as the Chief Investment Officer for Fort Baker Capital Management LP, while Fort Baker Capital, LLC acts as the General Partner. The shares are held with shared voting and dispositive power among the reporting entities. The filing was made under Rule 13d-1(b), indicating that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. This represents a significant increase from a previously reported zero position.