Company: GSHRW
Filing Date: 2025-01-28
Form Type: S-1
Source: 0001213900-25-007542
Chunk: 18

Company: Gesher Acquisition Corp. II
Filing Date: 2025-01-28
Form: S-1
Chunk 18
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 an initial business combination. See “Risk Factors — Because of our limited resources and the significant competition for business combination opportunities, it may be more difficult for us to complete our initial business combination. If we are unable to complete our initial business combination, our public shareholders may receive only their pro rata portion of the funds in the trust account that are available for distribution to public shareholders, and our warrants will expire worthless” and “Risk Factors — If the number of special purpose acquisition companies evaluating targets increases, attractive targets may become scarcer and there may be more competition for attractive targets or such attractive targets may not be interested to consummate a business combination with a SPAC due to a negative public perception of mergers involving SPACs. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination.” Our Management Team Our management team is led by Ezra Gardner, our Chief Executive Officer and a member of our board of directors, and Sagi Dagan, our Chief Financial Officer and a director nominee. Together, our management team members have decades of successful co -investingthrough their affiliated entities. In November 2020, Ezra Gardner, Omri Cherni and members of our management team worked together as executive officers or members of the board of directors of, Gersher I Acquisition Corp. (“Gesher I”), a special purpose acquisition company formed for substantially similar purposes as ours. Gesher I completed its initial public offering in March 2021 in which it sold 10,000,000 units, each consisting of one share of common stock and one -halfof one warrant to purchase one share of common stock, for an offering price of $10.00 per unit, generating aggregate proceeds of $100,000,000. On January 25, 2023, Gesher I consummated a Business Combination Agreement, dated as of May 31, 2022, with Freightos Limited, a Cayman Islands exempted company limited by shares (“Freightos”). Each Freightos ordinary share was valued at $10.00 per share based on a $390,000,000 valuation. In connection with the business combination, approximately 89.5% of Gesher I’s public shares were redeemed. On January 27, 2025, the closing price of the Freightos ordinary shares on Nasdaq was $3.53 per share. Ezra Gardnerhas served as our Chief Executive Officer and a member of our board of directors