Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 19

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 19
---
5  
    For the Period from
 August 29, 2024 
(Inception) Through
 September 30, 2024 

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

    Numerator: 

    Allocation of net income 
    $878,176  
    $324,070  
    $1,668,139  
    $879,871  
    $       —  
    $       — 
  
    Denominator: 

    Weighted-average Ordinary Shares outstanding 
     14,940,625  
     5,513,483  
     10,452,965  
     5,513,483  
     —  
     — 
  
    Diluted net income per Ordinary Share 
    $0.06  
    $0.06  
    $0.16  
    $0.16  
    $—  
    $— 

Share-Based
Compensation

The
Company records share-based compensation in accordance with FASB ASC Topic 718, “Compensation-Share Compensation” (“ASC
718”), guidance to account for its share-based compensation. It defines a fair value-based method of accounting for an employee
share option or similar equity instrument. The Company recognizes all forms of share-based payments at their fair value on the grant
date, which are based on the estimated number of awards that are ultimately expected to vest. Grants of share-based payment awards issued
to non-employees for services rendered are recorded at the fair value of the share-based payment, which is the more readily determinable
value. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If
an award is granted, but vesting does not occur, any previously recognized compensation cost is reversed in the period related to the
termination of service.

11

GESHER
                                            ACQUISITION CORP. II

NOTES
TO CONDENSED FINANCIAL STATEMENTS (UNAUDITED)

SEPTEMBER
30, 2025

Recent
Accounting Pronouncements

 In
November 2024, the FASB issued Accounting Standards Update (“ASU”) Topic 2024-03