Company: GSHRW
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001213900-25-022882
Chunk: 259

Company: Gesher Acquisition Corp. II
Filing Date: 2025-03-12
Form: S-1/A
Chunk 259
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 any public shares purchased during or after this offering (including in open market and privately -negotiatedtransactions, aside from shares they may purchase in compliance with the requirements of Rule 14e -5under the Exchange Act, which would not be voted in favor of approving the business combination transaction) in favor of our initial business combination. As a result, if all outstanding shares are voted on a resolution to approve our initial business combination, in addition to our 4,891,252 initial shareholders’ founder shares and 522,500 private placement shares, if we would require an ordinary resolution, we would need 3,543,125 public shares, or 28.34% of the 12,500,000 public shares sold in this offering, and if we would require a special resolution of two -thirdsof our ordinary shares voted at the meeting, we would need 6,528,749 public shares, or approximately 52.23% of the 12,500,000 public shares sold in this offering, to be voted in favor of an initial business combination in order to have our initial business combination approved, assuming in each case that the over -allotmentoption is not exercised and that the parties to the letter agreement do not acquire any public shares. Assuming that only the holders of one -thirdof our issued and outstanding ordinary shares, representing a quorum under our amended and restated memorandum and articles of association, vote their shares, regardless if such vote pertains to an ordinary resolution or a special resolution of two -thirdsof our ordinary shares voted at the meeting, we would not need any public shares in addition to our founder shares and private placement shares to be voted in favor of an initial business combination in order to approve an initial business combination. Additionally, each public shareholder may elect to redeem their public shares irrespective of whether they vote for or vote against the proposed transaction, or whether they do not vote or abstain from voting on the proposed transaction, or whether they were a public shareholder on the record date for the general meeting held to approve the proposed transaction. Pursuant to our amended and restated memorandum and articles of association, if we have not completed our initial business combination within the completion window, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter (and subject to lawfully available funds therefor), redeem the public shares, at a per -shareprice, payable in cash, equal to the