Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 18

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 CORP. II

NOTES
TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)

SEPTEMBER
30, 2025

Net
Income per Ordinary Share

The
Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has
two classes of Ordinary Shares, the (i) Class A Ordinary Shares and (ii) Company’s Class B ordinary shares, par value $0.0001 per
share (the “Class B Ordinary Shares”, and together with the Class A Ordinary Shares, the “Ordinary Shares”).
Income and losses are shared pro rata between the two classes of Ordinary Shares. This presentation assumes a Business Combination as
the most likely outcome. Net income per Ordinary Share is calculated by dividing the net income by the weighted average Ordinary Shares
outstanding for the respective period.

The
following tables present a reconciliation of the numerator and denominator used to compute basic and diluted net income per Ordinary
Share for each class of Ordinary Shares:

    For the Three Months Ended 
September 30, 2025  
    For the Nine Months Ended 
    September 30, 2025  
    For the Period from
 August 29, 2024 (Inception) Through September 30, 2024 

    Class A  
    Class B  
    Class A  
    Class B  
    Class A  
    Class B 
  
    Basic net income per Ordinary Share: 

    Numerator: 

    Allocation of net income 
    $878,176  
    $324,070  
    $1,687,897  
    $860,113  
    $        —  
    $       — 
  
    Denominator: 

    Weighted-average shares outstanding 
     14,940,625  
     5,513,483  
     10,452,965  
     5,326,586  
     —  
     — 
  
    Basic net income per Ordinary Share 
    $0.06  
    $0.06  
    $0.16  
    $0.16  
    $—  
    $— 

    For the Three Months Ended
 September 30, 2025  
    For the Nine Months Ended 
September 30, 202