Company: GSHRW
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001213900-25-022882
Chunk: 100

Company: Gesher Acquisition Corp. II
Filing Date: 2025-03-12
Form: S-1/A
Chunk 100
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 the initial investment in the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 14,375,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 27.72% of the outstanding shares after this offering (not including the Class A ordinary shares comprising part of the private placement units). Our public shareholders may incur material dilution due to such dilution adjustments that result in the issuance of class A ordinary shares on a greater than one to on basis upon conversion. Up to 622,231 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and BTIG, the representative of the underwriters, have committed, pursuant to written agreements, to purchase from us an aggregate of 522,500 private placement units (or 565,625 private placement units if the underwriters’ over -allotmentoption is exercised in full) at $10.00 per unit for an aggregate purchase price of $5,225,000 (or up to $5,656,250 if the underwriters’ over -allotmentoption is exercised in full) in a private placement that will close simultaneously with the closing of this offering. Of those 522,500 private placement units, our sponsor has agreed to purchase 397,500 private placement units (403,125 units if the underwriters’ over -allotmentoption is exercised in full) and BTIG has agreed to purchase 125,000 private placement units (or up to 162,500 private placement units if the underwriters’ over -allotmentoption is exercised in full). The private placement units are identical to the units sold in this offering, subject to certain limited exceptions as described in this prospectus. The non -managingsponsor investors have expressed an interest to indirectly purchase, through the purchase of non -managingsponsor membership interests, an economic interests in an aggregate of 109,