Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 7

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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 2025 (the “IPO
Registration Statement”). On March 24, 2025, the Company consummated the Initial Public Offering of 14,375,000 units (the “Public
Units”), which included the full exercise of the Over-Allotment Option (as defined in Note 6) in the amount of 1,875,000 Public
Units (the “Option Units”), at $10.00 per Public Unit, generating gross proceeds of $143,750,000 (the “Initial Public
Offering”), which is described in Note 3. Each Public Unit consists of one Class A ordinary share, par value $0.0001 per
share, of the Company (the “Class A Ordinary Shares” and with respect to the Class A Ordinary Shares included in the Public
Units, the “Public Shares”) and one-half of one redeemable warrant (each, a “Public Warrant”).

Simultaneously
with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 565,625 units (the “Private
Placement Units” and together with the Public Units, the “Units”) at a price of $10.00 per Private Placement Unit,
in a private placement to (i) the Company’s sponsor, Gesher Acquisition Sponsor II LLC (the “Sponsor”), and (ii) BTIG,
LLC (“BTIG”), the representative of the several underwriters of the Initial Public Offering (the “Underwriters”),
generating gross proceeds of $5,656,250 (the “Private Placement”), which is described in Note 4. Of those 565,625 Private
Placement Units, the Sponsor purchased 403,125 Private Placement Units and BTIG purchased 162,500 Private Placement Units. Each Private
Placement Unit consists of one Class A Ordinary Share (the “Private Placement Shares”) and one-half of one redeemable warrant
(the “Private Placement Warrants” and together with the Public Warrants, the “Warrants”). Each whole Warrant
entitles the holder to purchase one Class A Ordinary Share at a price of $11.50 per share, subject to adjustment.

Transaction
costs amounted to $8,409,601, consisting of $2,875,000 of cash underwriting fee, the Deferred Underwriting Fee (as defined in Note 6)
of $5,031,250, and $503,351 of other offering costs.

The
Business Combination