Company: GSHRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075907
Chunk: 3

Company: Gesher Acquisition Corp. II
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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392)

    Accretion of Class A Ordinary Shares to redemption amount 
     —  
     —  
     —  
     —  
     (7,441,563) 
     (3,273,882) 
     (10,715,445)

    Net income 
     —  
     —  
     —  
     —  
     —  
     29,499  
     29,499 

    Balance – March 31, 2025 
     565,625  
     57  
     5,513,483  
     551  
    $—  
     (3,259,592) 
     (3,258,984)

    Accretion of Class A Ordinary Shares to redemption amount 
     —  
     —  
     —  
     —  
        
     (1,497,409) 
     (1,497,409)

    Net income 
     —  
     —  
     —  
     —  
     —  
     1,316,265  
     1,316,265 

    Balance – June 30, 2025 
     565,625  
    $57  
     5,513,483  
    $551  
    $—  
    $(3,440,736) 
    $(3,440,128)

(1)Includes up to 622,231 Class B Ordinary Shares subject to forfeiture if the Over-Allotment Option was not exercised in full or in
part by the underwriters of the Initial Public Offering (see Note 5).

The accompanying notes are an integral part of
the unaudited condensed financial statements

3

GESHER ACQUISITION CORP. II

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS

FOR THE SIX MONTHS ENDED JUNE 30, 2025

    Cash Flows from Operating Activities: 

    Net income 
    $1,345,764 
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Interest earned on cash and marketable securities held in Trust Account 
     (1,611,082)
  
    Payment of general and administrative expenses through