Company: GSHRW
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001213900-25-022882
Chunk: 243

Company: Gesher Acquisition Corp. II
Filing Date: 2025-03-12
Form: S-1/A
Chunk 243
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 units by the non -managingsponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriter has full discretion to allocate the units to investors and may determine to sell a different number or no units to the non -managingsponsor investors, and the purchase of the non -managingsponsor membership interests is not contingent upon the participation in this offering or vice -versa. The underwriter will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non -managingsponsor investors, if any, as it will on the other units sold to the public in this offering. In the event that the non -managingsponsor investors purchase the number of units in which they have expressed an interest (either in this offering or after) and vote them in favor of our initial business combination, no affirmative votes from other public shareholders would be required to approve our initial business combination. Regardless of the number of units they purchase, the non -managingsponsor investors will be incentivized to vote their public shares in favor of a business combination due to their indirect ownership through the sponsor of founder shares and Class A ordinary shares and private placement warrants issued as part of the private placement units. Accordingly, these non -managingsponsor investors have the potential to realize enhanced economic returns from their investments compared to other investors in this offering. However, because our non -managingsponsor investors are not obligated to continue owning any public shares following the closing of this offering and are not obligated to vote any public shares in favor of our initial business combination, we cannot assure you that any of these non -managingsponsor investors will be public shareholders at the time our shareholders vote on our initial business combination, and, if they are public shareholders, we cannot assure you as to how such non -managingsponsor investors will vote on any business combination. We do not expect any purchase of units by the non -managingsponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. Restrictions on Transfers of Founder Shares and Private Placement Units The founder shares and private placement units (including the securities comprising such units and the Class A ordinary shares issuable upon exercise of the private placement warrants) are each subject to transfer restrictions pursuant to lock -upprovisions in the agreements entered into by our sponsor and management team. Those lock -upprovisions provide that such securities are not transferable or saleable (i) in the case of the founder shares and