Company: GSHRW
Filing Date: 2025-03-12
Form Type: S-1/A
Source: 0001213900-25-022882
Chunk: 18

Company: Gesher Acquisition Corp. II
Filing Date: 2025-03-12
Form: S-1/A
Chunk 18
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mate a business combination with a SPAC due to a negative public perception of mergers involving SPACs. This could increase the cost of our initial business combination and could even result in our inability to find a target or to consummate an initial business combination.” Our Management Team Our management team is led by Ezra Gardner, our Chief Executive Officer and a member of our board of directors, and Sagi Dagan, our Chief Financial Officer and a director nominee. Together, our management team members have decades of successful co -investingthrough their affiliated entities. In November 2020, Ezra Gardner, Omri Cherni and members of our management team worked together as executive officers or members of the board of directors of, Gersher I Acquisition Corp. (“Gesher I”), a special purpose acquisition company formed for substantially similar purposes as ours. Gesher I completed its initial public offering in March 2021 in which it sold 10,000,000 units, each consisting of one share of common stock and one -halfof one warrant to purchase one share of common stock, for an offering price of $10.00 per unit, generating aggregate proceeds of $100,000,000. On January 25, 2023, Gesher I consummated a Business Combination Agreement, dated as of May 31, 2022, with Freightos Limited, a Cayman Islands exempted company limited by shares (“Freightos”). Each Freightos ordinary share was valued at $10.00 per share based on a $390,000,000 valuation. In connection with the business combination, approximately 89.5% of Gesher I’s public shares were redeemed. On January 27, 2025, the closing price of the Freightos ordinary shares on Nasdaq was $3.53 per share. Ezra Gardnerhas served as our Chief Executive Officer and a member of our board of directors since our inception. From November 2020 until January 2023, Mr. Gardner was a Co -Founderand CEO of Gesher I. Since 2012, Mr. Gardner has served as a Partner at Varana Capital, LLC, an investment firm he co -founded. Varana Capital was founded in 2012 and focuses on public and private market investing primarily in Israel. Its principals have been involved in many successful Israeli private investments and often join the boards of directors of companies it invests in to add further value. The Varana investment strategy includes advising public and private companies on strategic planning (including