Company: GSHRW
Filing Date: 2025-02-27
Form Type: S-1/A
Source: 0001213900-25-018139
Chunk: 347

Company: Gesher Acquisition Corp. II
Filing Date: 2025-02-27
Form: S-1/A
Chunk 347
---
writing discount of 2.00% of the gross proceeds of the Proposed Public Offering, or $2,500,000 (or up to $2,875,000 if the underwriters’ over -allotmentis exercised in full), payable upon the closing of the Proposed Public Offering. Additionally, the underwriters will be entitled to a deferred underwriting discount of 3.5% of the gross proceeds of the Proposed Public Offering, or $4,375,000 (or up to $5,031,250 if the underwriters’ over -allotmentis exercised in full), payable upon the closing of an initial Business Combination. Of the deferred underwriting commissions, (i) 2.0% shall be released to BTIG upon completion of an initial Business Combination, in cash (ii) up to 1.0% shall be released to BTIG upon completion of an initial Business Combination, in cash, based on the percentage of public shares outstanding immediately prior to the consummation of an initial Business Combination net of public shares submitted for redemption and net of any public shares held by public shareholders that have entered into forward purchase agreements or other arrangements whereby the Company have a contractual obligation to repurchase such shares after the closing of the initial Business Combination; and (iii) up to 0.5% per unit will be released to BTIG upon completion of an initial Business Combination, in cash, provided that the Company has the right, in its sole discretion, to reallocate all or some of such amount for the payment of expenses in connection such initial Business Combination. Note 7 — Shareholder’s Equity Preference Shares— The Company is authorized to issue a total of 1,000,000 preference shares at par value of $0.0001 each. As of December 31, 2024, there were no preferred shares issued or outstanding. Class A Ordinary Shares— The Company is authorized to issue a total of 200,000,000 Class A ordinary shares at par value of $0.0001 each. As of December 31, 2024, there were no Class A ordinary shares issued or outstanding. Class B Ordinary Shares— The Company is authorized to issue a total of 20,000,000 Class B ordinary shares at par value of $0.0001 each. On November 12, 2024, the Company issued 5,513,483 Class B ordinary shares to the Sponsor for $25,000, or approximately $0.005 per share. The