Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 5

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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WS

(UNAUDITED)

    For
    the Nine Months Ended September 30,  
    For
    the Period from August 29, 
2024 (Inception)
 Through September 30, 

    2025  
    2024 
  
    Cash
    Flows from Operating Activities: 

    Net
    income 
    $2,548,010  
    $— 
  
    Adjustments
    to reconcile net income to net cash used in operating activities: 

    Interest
    earned on marketable securities held in Trust Account 
     (3,119,056) 
     — 
  
    Payment
    of operation costs through IPO Promissory Note – related party 
     37,574  
     — 
  
    Changes
    in operating assets and liabilities: 

    Prepaid
    expenses 
     (106,974) 
     — 
  
    Due
    from Sponsor 
     (550) 

    Long-term
    prepaid insurance 
     (35,024) 

    Accrued
    expenses 
     74,774  
     — 
  
    Net
    cash used in operating activities 
     (601,246) 
     — 

    Cash
    Flows from Investing Activities: 

    Investment
    of cash in Trust Account 
     (144,181,250) 
     — 
  
    Net
    cash used in investing activities 
     (144,181,250) 
     — 

    Cash
    Flows from Financing Activities: 

    Proceeds
    from sale of Public Units, net of underwriting discounts paid 
     140,875,000  
     — 
  
    Proceeds
    from sale of Private Placement Units 
     5,656,250  
     — 
  
    Repayment
    of IPO Promissory Note – related party 
     (162,616) 
     — 
  
    Payment
    of offering costs 
     (273,309) 
     — 
  
    Net
    cash provided by financing activities 
     146,095,325  
     — 

    Net
    Change in Cash 
     1,312,829  
     — 
  
    Cash
    – Beginning of period