Company: GSHRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075907
Chunk: 0

Company: Gesher Acquisition Corp. II
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Financial Statements.

GESHER ACQUISITION CORP. II

CONDENSED BALANCE SHEETS

    June 30, 
2025  
    December 31, 
2024 

    (Unaudited)  

    Assets 

    Current assets 

    Cash 
    $1,518,829  
    $— 
  
    Prepaid expenses 
     138,495  
     — 
  
    Due from Sponsor 
     550  

    Total current assets 
     1,657,874  
     — 
  
    Long-term prepaid insurance 
     53,531  
     — 
  
    Marketable securities held in Trust Account 
     145,792,332  
     — 
  
    Deferred offering costs 
     —  
     55,000 
  
    Total Assets 
    $147,503,737  
    $55,000 

    Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Equity (Deficit) 

    Current Liabilities 

    Accrued offering costs 
    $80,000  
    $17,500 
  
    Accrued expenses 
     40,283  
     15,209 
  
    IPO Promissory Note – related party 
     —  
     12,500 
  
    Total current liabilities 
     120,283  
     45,209 
  
    Deferred underwriting fee 
     5,031,250  
     — 
  
    Total Liabilities 
     5,151,533  
     45,209 

    Commitments and Contingencies (Note 6) 

    Class A Ordinary Shares subject to possible redemption, 14,375,000 shares and no shares at redemption value of $10.14 and $0 per share at June 30, 2025 and December 31, 2024, respectively 
     145,792,332  
     — 

    Shareholders’ Equity (Deficit) 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at June 30, 2025 and December 31, 2024 
     —  
     — 
  
    Class A Ordinary Shares, $0.0001 par value