Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 0

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item
1. Financial Statements.

GESHER
ACQUISITION CORP. II

CONDENSED
BALANCE SHEETS

    September 30, 2025  
    December 31,
    2024 

    (Unaudited)  

    Assets 

    Current
    assets 

    Cash 
    $1,312,829  
    $— 
  
    Prepaid
    expenses 
     106,974  
     — 
  
    Due
    from Sponsor 
     550  

    Total
    current assets 
     1,420,353  
     — 
  
    Long-term
    prepaid insurance 
     35,024  
     — 
  
    Marketable
    securities held in Trust Account 
     147,300,306  
     — 
  
    Deferred
    offering costs 
     —  
     55,000 
  
    Total
    Assets 
    $148,755,683  
    $55,000 

    Liabilities,
    Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Equity (Deficit) 

    Current
    liabilities 

    Accrued
    offering costs 
    $80,000  
    $17,500 
  
    Accrued
    expenses 
     89,983  
     15,209 
  
    IPO
    Promissory Note – related party 
     —  
     12,500 
  
    Total
    current liabilities 
     169,983  
     45,209 
  
    Deferred
    Underwriting Fee 
     5,031,250  
     — 
  
    Total
    Liabilities 
     5,201,233  
     45,209 

    Commitments
    and Contingencies (Note 6) 

    Class A Ordinary Shares subject to possible redemption, 14,375,000 shares and no shares at redemption value of $10.25 and $0 per share at September 30, 2025 and December 31, 2024, respectively 
     147,300,306  
     — 

    Shareholders’
    Equity (Deficit) 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at September