Company: GSHRW
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001213900-25-022882
Chunk: 254

Company: Gesher Acquisition Corp. II
Filing Date: 2025-03-12
Form: S-1/A
Chunk 254
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 any, have not been determined and no written agreements exist with respect to such loans. 167 Ordinary Shares Prior to the date of this prospectus, there were 5,513,483 Class B ordinary shares outstanding, all of which were held of record by our initial shareholders, so that our initial shareholders will own 27.72% of our issued and outstanding shares after this offering (not including the Class A ordinary shares comprising part of the private placement units and assuming our initial shareholders do not purchase any units in this offering). Up to 622,231 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. Upon the closing of this offering, 17,913,752 of our ordinary shares will be outstanding (assuming no exercise of the underwriters’ over -allotmentoption and the corresponding surrender for no consideration of 622,231 founder shares) comprising: •12,500,000 Class A ordinary shares comprising part of units issued as part of this offering; •522,500 Class A ordinary shares comprising part of the units sold as part of the private placement; and •4,891,252 Class B ordinary shares held by our initial shareholders. If we increase or decrease the size of this offering, we will effect a share capitalization or share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of founder shares by our initial shareholders at 27.72% of our issued and outstanding ordinary shares upon the consummation of this offering, assuming they do not purchase any units in this offering and not including their ownership of the Class A ordinary shares comprising part of the private placement units. Ordinary shareholders of record are entitled to one vote for each share held on all matters to be voted on by shareholders. However, only holders of Class B ordinary shares will have the right to (i) appoint or remove directors in any election held prior to or in connection with the completion of our initial business combination, meaning that holders of Class A ordinary shares will not have the right to appoint any directors until after the completion of our initial business combination and (ii) continue the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands