Company: GSHRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075907
Chunk: 16

Company: Gesher Acquisition Corp. II
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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10,715,445 
  
    Class A Ordinary Shares subject to possible redemption, March 31, 2025 
     144,294,923 
  
    Plus: 

    Accretion of carrying value to redemption value 
     1,497,409 
  
    Class A Ordinary Shares subject to possible redemption, June 30, 2025 
    $145,792,332 

Net Income per Ordinary Share

The Company complies with accounting and disclosure
requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of Ordinary Shares, the (i) Class A
Ordinary Shares and (ii) Company’s Class B ordinary shares, par value $0.0001 per share (the “Class B Ordinary Shares”,
and together with the Class A Ordinary Shares, the “Ordinary Shares”). Income and losses are shared pro rata between the two
classes of Ordinary Shares. This presentation assumes a Business Combination as the most likely outcome. Net income per Ordinary Share
is calculated by dividing the net income by the weighted average Ordinary Shares outstanding for the respective period.

The following tables present a reconciliation
of the numerator and denominator used to compute basic and diluted net income per Ordinary Share for each class of Ordinary Shares:

    For the Three Months Ended June 30, 
2025  
    For the Six Months Ended June 30, 
2025 

    Class A  
    Class B  
    Class A  
    Class B 
  
    Diluted net income per share: 

    Numerator: 

    Allocation of net income 
    $961,461  
    $354,804  
    $820,493  
    $525,271 
  
    Denominator: 

    Weighted-average shares outstanding 
     14,940,625  
     5,513,483  
     8,171,944  
     5,231,588 
  
    Diluted net income per Ordinary Share 
    $0.06  
    $0.06  
    $0.10  
    $0.10 

    For the Three Months Ended June 30,
 2025  
    For the Six Months Ended June 30,
 2025 

    Class A  
    Class B  
    Class A  
    Class B 
  
    Diluted net income per Ordinary