Gesher Acquisition Corp. II [GSHRW]
Key Metrics
Market Snapshot
About
Gesher Acquisition Corp. II operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company, which completed its initial public offering in 2021, focuses on identifying and acquiring businesses primarily in the technology and financial services sectors. GSHRW represents the warrants issued by Gesher Acquisition Corp. II, which entitle holders to purchase common stock at a predetermined price following a successful business combination. The SPAC is sponsored by Gesher Holdings LLC and maintains its headquarters in New York. Each warrant typically allows the holder to purchase one share of common stock at $11.50 per share, subject to adjustment. As a blank check company, Gesher Acquisition Corp. II holds its IPO proceeds in trust while its management team evaluates potential merger targets. The company typically has a defined timeframe, often 18 to 24 months from its IPO, to complete a qualifying business combination or return capital to shareholders. The warrant structure provides investors with additional leverage and potential upside participation if a successful merger materializes and the combined entity's stock price appreciates above the exercise price.