Company: GSHRW
Filing Date: 2025-01-28
Form Type: S-1
Source: 0001213900-25-007542
Chunk: 5

Company: Gesher Acquisition Corp. II
Filing Date: 2025-01-28
Form: S-1
Chunk 5
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 and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. We do not expect any purchase of units by the non -managingsponsor investors to negatively impact our ability to meet The Nasdaq Global Market, or Nasdaq, listing eligibility requirements. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non -managingsponsor investors, or none at all, and the purchase of the non -managingsponsor membership interests is not contingent upon the participation in this offering or vice -versa. The underwriters will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non -managingsponsor investors, if any, as it will on the other units sold to the public in this offering. In addition, none of the non -managingsponsor investors has any obligation to vote any of their public shares in favor of our initial business combination. Nevertheless, the non -managingsponsor investors will be incentivized to vote their public shares in favor of a business combination due to their indirect ownership through the sponsor of founder shares and Class A ordinary shares and private placement warrants issued as part of the private placement units. For a discussion of certain additional arrangements with the non -managing sponsor investors, see “ Summary — The Offering — Expressions of Interest ” on page 29. Our sponsor has purchased an aggregate of 5,513,483 Class B ordinary shares (up to 622,231 of which are subject to surrender to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised) for an aggregate purchase price of $25,000, or approximately $0.005 per share. The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of our initial business combination, or at any time prior thereto at the option of the holder thereof, on a one -for -onebasis, subject to adjustment for share sub -divisions, share capitalizations, reorganizations, recapitalizations and the like. Because our sponsor acquired the Class B ordinary shares at a nominal price, our public shareholders will incur an immediate and substantial dilution upon the closing of this offering. Further, the Class A ordinary shares issuable in connection with the conversion of the Class B ordinary shares may result in material dilution to our public shareholders due to the anti -dilutionrights