Company: GSHRW
Filing Date: 2025-02-27
Form Type: S-1/A
Source: 0001213900-25-018139
Chunk: 348

Company: Gesher Acquisition Corp. II
Filing Date: 2025-02-27
Form: S-1/A
Chunk 348
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 founder shares include an aggregate of up to 622,231shares subject to forfeiture if the over -allotmentoption is not exercised by the underwriters in full. The founder shares will automatically convert into Class A ordinary shares in connection with the consummation of the initial Business Combination or earlier at the option of the holder on a one -for -onebasis, subject to adjustment for share sub -divisions, share capitalizations, reorganizations, recapitalizations and the like. In the case that additional Class A ordinary shares, or any other equity -linkedsecurities, are issued or deemed issued in excess of the amounts sold in the Proposed Public Offering and related to or in connection with the closing of the initial Business Combination, F-16 GESHER ACQUISITION CORP. II
NOTES TO FINANCIAL STATEMENTS Note 7 — Shareholder’s Equity (cont.) the ratio at which Class B ordinary shares convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the outstanding Class B ordinary shares agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, 27.72% of the sum of (i) the total number of all Class A ordinary shares outstanding upon the completion of the Proposed Public Offering (including any Class A ordinary shares issued pursuant to the underwriters’ over -allotmentoption and excluding the Class A ordinary shares underlying the Private Placement Units and the Class A ordinary shares underlying the Private Placement Warrants issued to the Sponsor), plus (ii) all Class A ordinary shares and equity -linkedsecurities issued or deemed issued, in connection with the closing of the initial Business Combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in the initial Business Combination and any private placement -equivalentwarrants issued to our sponsor or any of its affiliates or to officers or directors upon conversion of working capital loans) minus (iii) any redemptions of Class A ordinary shares by public shareholders in connection with an initial Business Combination; provided that such conversion of founder shares will never occur on a less than one -for -onebasis. Holders of record of the Company’s Class A ordinary shares and Class B ordinary shares are entitled to one vote for each share held on all matters to be voted on by shareholders. Unless specified in the amended and restated memorandum and articles of association