Company: GSHRW
Filing Date: 2025-02-27
Form Type: S-1/A
Source: 0001213900-25-018139
Chunk: 160

Company: Gesher Acquisition Corp. II
Filing Date: 2025-02-27
Form: S-1/A
Chunk 160
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,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full), 522,500 private placement shares and 5,513,483 founder shares (up to 622,231 of which are assumed to be forfeited in the scenario in which the underwriters’ over -allotmentoption is not exercised in full). Notwithstanding this assumption, we may need to issue such securities, particularly if we target an initial business combination with a target company whose enterprise value is greater than the net proceeds of the offering and the sale of private placement units. See “ Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources.” The issuance of additional ordinary or preference shares may significantly dilute the equity interest of investors in this offering, which dilution would even further increase if the anti -dilutionprovisions in the Class B ordinary shares resulted in the issuance of Class A ordinary shares on a greater than one -to -onebasis upon conversion of the Class B ordinary shares. Adjusted NTBVPS excludes the effect of the consummation of our initial business combination or any related transactions or expenses. The issuance of additional ordinary or preference shares may significantly dilute the equity interest of investors in this offering, which dilution would even further increase if the anti -dilutionprovisions in the Class B ordinary shares resulted in the issuance of Class A ordinary shares on a greater than one -for -onebasis upon conversion of the Class B ordinary shares. Such calculations do not reflect any dilution associated with the exercise of warrants as the warrants are accounted for as equity and are only exercisable following the consummation of our initial business combination. The assumed exercise of the warrants would cause the actual dilution to the public shareholders to be higher, particularly where a cashless exercise is utilized. As of December 31, 2024, our net tangible book deficit was ($45,209), or approximately ($0.01) per Class B ordinary share. The following table illustrates what the Adjusted NTBVPS at December 31, 2024 would have been to the public shareholders on a pro forma basis to give effect to this offering and the issuance of the private placement units, assuming the full exercise and no exercise of the over -allotmentoption, as compared to the adjusted price per unit:

| As of December 31, 2024 |                                                 |     |                |      |     |              |      |     |                |      |     |