Company: GSHRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075907
Chunk: 22

Company: Gesher Acquisition Corp. II
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 of the working
capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would be used to repay
the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans may be convertible into units of the post-Business Combination
entity at a price of $10.00 per unit at the option of the lender. As of June 30, 2025, no such Working Capital Loans were outstanding.

Note 6 — Commitments and Contingencies

Risks and Uncertainties

The Company’s results of operations and
its ability to complete an initial Business Combination may be adversely affected by various factors that could cause economic uncertainty
and volatility in the financial markets, many of which are beyond the Company’s control. The Company’s results of operations
and its ability to consummate an initial Business Combination could be impacted by, among other things, downturns in the financial markets
or in economic conditions, increases in oil prices, inflation, fluctuations in interest rates, increases in tariffs, supply chain disruptions,
declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts
in Ukraine and the Middle East. The Company cannot at this time predict the likelihood of one or more of the above events, their duration
or magnitude or the extent to which they may negatively impact the Company’s ability to complete an initial Business Combination.

Registration Rights Agreement

The holders of Founder Shares, Private Placement
Units (and their underlying securities) and units that may be issued upon conversion of Working Capital Loans (and their underlying
securities), if any, and any Class A Ordinary Shares issuable upon conversion of the Founder Shares and any Class A Ordinary Shares held
by the Company’s initial shareholders at the completion of the Initial Public Offering or acquired prior to or in connection with
the initial Business Combination, are entitled to registration rights pursuant to a registration rights agreement, dated March 20, 2024.
These holders are entitled to make up to three demands and have piggyback registration rights. The Company will bear the expenses incurred
in connection with the filing of any such registration statements.

Underwriting Agreement

The underwriters of the Initial Public Offering
had a 45-day option from the date of the Initial Public Offering to purchase up to an additional 1,875,000 Units to cover over-allotments,
if any (the “Over-Allotment Option”). On March 24, 2025,