Company: GSHRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075907
Chunk: 78

Company: Gesher Acquisition Corp. II
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 78
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 CODM has been identified as
the CFO, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating
resources and assessing financial performance. Accordingly, Management has determined that there is only one reportable segment.

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income that also is reported on the accompanying unaudited condensed statements of
operations as net income (loss). The measure of segment asset is reported on the condensed balance sheets as total assets. When evaluating
the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics, which include
the following:

    June 30,  
    December 31, 

    2025  
    2024 
  
    Trust Account 
    $145,792,332  
    $— 
  
    Cash 
    $1,518,829  
    $— 
  
    Total Assets 
    $147,503,737  
    $55,000 

    For the
 Three Months
 Ended June 30,
 2025  
    For the
 Six Months
 Ended June 30, 
2025 
  
    General and administrative expenses 
    $181,144  
    $265,318 
  
    Interest earned on cash and marketable securities held in Trust Account 
    $1,497,409  
    $1,611,082 

17

GESHER ACQUISITION CORP. II

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

JUNE 30, 2025

The CODM reviews interest earned on the Trust
Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds
while maintaining compliance with the Investment Management Trust Agreement, dated March 20, 2025, by and between the Company and Continental.

General and administrative expenses are reviewed
and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar
transaction within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain and enforce all
contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative expenses, as reported on
the accompanying unaudited condensed statements of operations, are the significant segment expenses provided to the CODM on a regular
basis.

All other segment items included