Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 112

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 112
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 and until the completion of our Business Combination or liquidation, we reimburse the Sponsor an aggregate of $10,000
per month for office space, utilities and secretarial and administrative support pursuant to the Administrative Services Agreement. For
the three and nine months ended September 30, 2025, we incurred $30,000 and $60,000, respectively, of fees under the Administrative Services
Agreement. For the period from August 29, 2024 (inception) through September 30, 2024, we did not incur any payment for these services.

Underwriting
Agreement

The
Underwriters had a 45-day option from the date of the Initial Public Offering to purchase up to an additional 1,875,000 Option Units
to cover over-allotments, if any. On March 24, 2025, the underwriters fully exercised their Over-Allotment Option, purchasing 1,875,000
Option Units at a price of $10.00 per Option Unit.

The
Underwriters were entitled to a cash underwriting discount of 2.00% of the gross proceeds of the Initial Public Offering, or $2,875,000
in the aggregate, which was paid upon the closing of the Initial Public Offering. Additionally, the Underwriters are entitled to the
Deferred Underwriting Fee of 3.50% of the gross proceeds of the Initial Public Offering, or $5,031,250, payable upon the closing of an
initial Business Combination, but 1% of such Deferred Underwriting Fee shall be due solely on amounts remaining in the Trust Account
following all properly submitted shareholder redemptions in connection with the consummation of our initial Business Combination and
0.5% of such Deferred Underwriting Fee may be used by the Company for expenses in the initial Business Combination or for working capital
for the combined company after the Business Combination.

Registration
Rights

The
holders of (i) the Founder Shares, (ii) the Private Placement Units and (iii) any private placement-equivalent units issued in connection
with the Working Capital Loans, if any (and in each case holders of their underlying securities, as applicable) are entitled to registration
rights pursuant to the Registration Rights Agreement, requiring us to register such securities for resale (in the case of the Founder
Shares, only after conversion to our Class A Ordinary Shares). The holders of the majority of these securities are entitled to make up
to three demands, excluding short