Company: GSHRW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109193
Chunk: 164

Company: Gesher Acquisition Corp. II
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 1A
Chunk 164
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Item
1A. Risk Factors.

As a smaller reporting company under Rule 12b-2
of the Exchange Act, we are not required to include risk factors in this Report. However, for risks relating to our operations, see the
section titled “Risk Factors” contained in our (i) IPO Registration Statement, (ii) 2025 Q1 Form 10-Q and (iii) 2025 Q2 Form
10-Q. As of the date of this Report, there have been no material changes with respect to those risk factors.
Any of these previously disclosed risk factors could result in a significant or material adverse effect on our results of operations or
financial condition. Additional risks not presently known to us or that we currently deem immaterial may also affect our ability to consummate
an initial Business Combination. We may disclose changes to such risk factors or disclose additional risk factors from time to time in
our future filings with the SEC.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds.

Unregistered
Sales of Equity Securities

There
were no sales of unregistered securities during the quarterly period covered by this Report. However, simultaneously with the closing
of the Initial Public Offering and pursuant to the Private Placement Units Purchase Agreements, we completed the sale of an aggregate
of 565,625 Private Placement Units to the Sponsor and BTIG in the Private Placement at a purchase price of $10.00 per Private Placement
Unit, generating gross proceeds to us of $5,656,250. Of those 565,625 Private Placement Units, the Sponsor purchased 403,125 Private
Placement Units and BTIG purchased 162,500 Private Placement Units. The Private Placement Units (and underlying securities) are
identical to the Public Warrants, except as otherwise disclosed in the IPO Registration Statement. No underwriting discounts or commissions
were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from registration
contained in Section 4(a)(2) of the Securities Act.

26

Use
of Proceeds

There
were no offerings of registered securities and therefore no planned use of proceeds from such offerings during the quarterly period covered
by this Report. For a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II,
Item 2 of the 2025 Q1 Form 10-Q. There has been no material change in the planned use of proceeds from our
Initial Public Offering and