Company: GSHRW
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043440
Chunk: 27

Company: Gesher Acquisition Corp. II
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 ordinary shares will equal, in the aggregate,
27.72% of the sum of (i) the total number of all ordinary shares outstanding upon the completion of the Initial Public Offering (including
any Class A ordinary shares issued pursuant to the underwriters’ over-allotment option and excluding the Class A ordinary
shares underlying the Private Placement Units and the Class A ordinary shares underlying the Private Placement Warrants issued
to the Sponsor), plus (ii) all Class A ordinary shares and equity-linked securities issued or deemed issued, in connection with
the closing of the initial Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller
in the initial Business Combination and any private placement-equivalent warrants issued to the Sponsor or any of its affiliates or to
officers or directors upon conversion of working capital loans) minus (iii) any redemptions of Class A ordinary shares by public
shareholders in connection with an initial Business Combination; provided that such conversion of founder shares will never occur on a
less than one-for-one basis.

Holders of record of the Company’s Class A
ordinary shares and Class B ordinary shares are entitled to one vote for each share held on all matters to be voted on by shareholders.
Unless specified in the amended and restated memorandum and articles of association or as required by the Companies Act (As Revised) of
the Cayman Islands, as may be amended from time to time, or stock exchange rules, an ordinary resolution under Cayman Islands law and
the amended and restated memorandum and articles of association, which requires the affirmative vote of at least a majority of the votes
cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general
meeting of the Company is generally required to approve any matter voted on by the shareholders. Approval of certain actions requires
a special resolution under Cayman Islands law, which (except as specified below) requires the affirmative vote of at least two-thirds
of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable
general meeting, and pursuant to the amended and restated memorandum and articles of association, such actions include amending the Company’s
amended and restated memorandum and articles of association and approving a statutory merger or consolidation with another company. There
is no cumulative voting with respect to the appointment of