Welcome to our dedicated page for Gesher Acquisition II news (Ticker: GSHR), a resource for investors and traders seeking the latest updates and insights on Gesher Acquisition II stock.
Gesher Acquisition Corp. II (GSHR) is a blank check company in the Financial Services sector, formed to complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Its public communications highlight a focus on potential target businesses located in Israel, while allowing flexibility to consider opportunities in other industries and regions.
The news flow for Gesher Acquisition Corp. II typically centers on capital markets milestones and corporate developments related to its SPAC structure. Examples include announcements about the pricing and closing of its initial public offering of units on the Nasdaq Global Market, details of the unit composition, and information about when the Class A ordinary shares (GSHR), warrants (GSHRW), and units (GSHRU) are expected to trade separately.
Investors following GSHR news can also expect updates on governance and management changes, as reflected in SEC filings such as Form 8-K. For example, the company has reported changes in its chief financial officer role and related board positions, along with information on agreements entered into by new officers in connection with its search and diligence of potential target companies.
This news page aggregates such disclosures and market announcements so readers can monitor how Gesher Acquisition Corp. II progresses toward an initial business combination, how its capital structure evolves, and how its leadership and governance adapt as it evaluates potential targets, particularly those located in Israel.
Gesher Acquisition Corp. II (Nasdaq: GSHRU) has announced that starting May 12, 2025, holders of units from its initial public offering will have the option to separately trade the company's Class A ordinary shares and warrants. The separated components will trade on the Nasdaq Global Market under distinct symbols: "GSHR" for Class A ordinary shares and "GSHRW" for warrants. Units that remain unseparated will continue trading under the existing symbol "GSHRU".
Gesher Acquisition Corp. II has successfully completed its initial public offering (IPO) raising $143.75 million through the sale of 14,375,000 units at $10.00 per unit, including 1,875,000 units from the full exercise of underwriters' over-allotment option.
Each unit comprises one Class A ordinary share and one-half redeemable warrant. The units began trading on Nasdaq Global Market under symbol 'GSHRU' on March 21, 2025. The Class A shares and warrants will later trade separately under 'GSHR' and 'GSHRW' respectively.
The company is a blank check company (SPAC) focused on pursuing business combinations with target companies located in Israel. The management team is led by CEO Ezra Gardner and CFO Sagi Dagan, with BTIG, serving as the sole book-running manager for the offering.
Gesher Acquisition Corp. II has announced the pricing of its $125 million initial public offering, consisting of 12,500,000 units at $10.00 per unit. The units will trade on Nasdaq under 'GSHRU' starting March 21, 2025.
Each unit comprises one Class A ordinary share and one-half redeemable warrant, with whole warrants allowing purchase of one Class A share at $11.50. The Class A shares and warrants will later trade separately under 'GSHR' and 'GSHRW' respectively.
The company is a blank check company focusing on acquiring businesses in Israel. Underwriters have a 45-day option to purchase up to 1,875,000 additional units. BTIG, serves as the sole book-running manager, with the offering expected to close on March 24, 2025.
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