Welcome to our dedicated page for GESHER ACQUISITION II news (Ticker: GSHRU), a resource for investors and traders seeking the latest updates and insights on GESHER ACQUISITION II stock.
Gesher Acquisition Corp. II (GSHRU) is a Nasdaq-listed blank check company in the Financial Services sector, classified under shell companies. Its public communications state that it was formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a stated focus on target businesses located in Israel.
This news page aggregates coverage related to Gesher Acquisition Corp. II’s capital markets activity and corporate developments. Early news has highlighted the pricing and closing of its initial public offering of units on the Nasdaq Global Market, including the exercise of the underwriters’ over-allotment option and the resulting gross proceeds. These announcements also describe the structure of its units, which include Class A ordinary shares and redeemable warrants.
Readers can use this page to follow company announcements about its listing under the ticker symbol GSHRU, as well as expected separate trading of its Class A ordinary shares and warrants under the symbols GSHR and GSHRW, as described in its offering materials. Future news may include updates on potential or completed business combination transactions, changes in capital structure, and other material corporate events disclosed through press releases or similar communications.
By reviewing the news items associated with Gesher Acquisition Corp. II, investors and observers can track how the company progresses from its initial public offering stage toward identifying and potentially completing a business combination that aligns with its stated focus on businesses 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.