Company: GSHRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075907
Chunk: 174

Company: Gesher Acquisition Corp. II
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 2
Chunk 174
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Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Unregistered Sales of Equity Securities

There were
no sales of unregistered securities during the quarterly period covered by the Report. However, simultaneously with the closing
of the Initial Public Offering and pursuant to the Private Placement Units Purchase Agreements, we completed the sale of an aggregate
of 565,625 Private Placement Units to the Sponsor and BTIG in the Private Placement at a purchase price of $10.00 per Private Placement
Unit, generating gross proceeds to us of $5,656,250. Of those 565,625 Private Placement Units, the Sponsor purchased 403,125 Private Placement
Units and BTIG purchased 162,500 Private Placement Units. The Private Placement Units (and underlying securities) are identical to
the Public Warrants, except as otherwise disclosed in the IPO Registration Statement. No underwriting discounts or commissions were paid
with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from registration contained
in Section 4(a)(2) of the Securities Act.

Use of Proceeds

There have
been no offerings of registered securities and therefore no planned use of proceeds from such offerings during the quarterly period covered
by the Report. For a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part
II, Item 2 of the 2025 Q1 Form 10-Q.There has been no material change in the planned use of proceeds from our Initial Public Offering
and Private Placement as described in the IPO Registration Statement. The specific investments in our Trust Account may change from time
to time.

Purchases of Equity Securities by the Issuer
and Affiliated Purchasers 

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

Trading Arrangements

During the quarterly period ended June 30, 2025,
none of our directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange Act) adopted or terminated any “Rule
10b5-1 trading arrangement” or any “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of
Regulation S-K.

Additional Information

On July 23, 2025, the Board appointed Derek Jensen
Sr. as a director of the Board, effective as of July