Company: GSHRW
Filing Date: 2025-01-28
Form Type: S-1
Source: 0001213900-25-007542
Chunk: 22

Company: Gesher Acquisition Corp. II
Filing Date: 2025-01-28
Form: S-1
Chunk 22
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 well as the priority and preference that such entity has with respect to performance of obligations and presentation of business opportunities to us, please refer to the table and subsequent explanatory paragraph under “Management — Conflicts of Interest”. Our Sponsor Our sponsor is a Delaware limited liability company, which was recently formed in August 2024 to invest in our company. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. Gesher Management II, LLC, a recently formed Delaware limited liability company is the sole managing member of our sponsor, Gesher Acquisition Sponsor II LLC, and holds voting and investment control with respect to the securities held of record by the sponsor. Mr. Ezra Gardner, our Chairman and CEO, is the sole managing member of Gesher Management II, LLC. Other than Mr. Gardner, no other person has, or will have, voting and investment control or a direct or indirect material interest in our sponsor. The non -managingsponsor investors have expressed an interest to purchase non -managingmembership interests in our sponsor, reflecting interests in an aggregate of 109,744 of the 397,500 private placement units to be purchased by our sponsor and an aggregate of 806,688 founder shares, or 16.5% of the shares (900,454 founder shares if the over -allotmentoption is exercised in full), in a private placement that will close simultaneously with this offering. See “Summary — The Offering — Private placement units and constituent securities.” In addition, our independent directors and chief financial officer will receive an indirect interest in an aggregate of up to 30,000 founder shares through membership interests in our sponsor but will have no right to control the sponsor or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. Other than Messrs. Gardner and Dagan and our independent directors, none of the other members of our sponsor will participate in our company’s activities. Assuming our independent directors, chief financial officer and, as described below, all prospective non -managingsponsor investors are issued membership interests in our sponsor, Mr. Gardner will control 82.9% of the sponsor membership interests through the managing member of the sponsor reflecting indirect interests in the total of 4,891,252 founder shares and 55.1% of the sponsor membership interests reflecting indirect interests in the total of 522,500 private placement units. None of the non -managingsponsor investors