Gesher Acquisition Corp. II (NASDAQ:GSHRU) announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GSHRU”, Friday, March 21, 2025.
The new SPAC aims to combine with a technology company in Israel, potentially in the fields of electric vehicles, autonomy, robotics, agtech, or fintech.
Gesher Acquisition Corp. II is led by Ezra Gardner, its Chief Executive Officer and Chairman of the Board of Directors, and Sagi Dagan, its Chief Financial Officer and Director. In addition, the Board of Directors includes Omri Cherni, Yevgeny Neginsky, David Bleustein and Kobi Marenko.
Total SPAC deal count for 2025 year-to-date is now 18. This offering is expected to close on Monday, March 24, 2025.
BTIG, LLC. is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Kochav Defense Acquisition Corp. (NASDAQ:KCHVU) has filed for a $220 million SPAC to bring Israeli defense sector experience to a hunt for a target in that growing business sphere. The new SPAC is not over-funded and offers one right to a 1/7 share in each unit. It will have 18 months to initially close a deal,...
Columbus Circle I (NASDAQ:CCCMU) has filed for a $200 million SPAC to serve as an in-house SPAC led by underwriter Cohen & Company. The new SPAC is to have 24 months on its initial clock with a 1/2 warrant in each unit and will not over-fund its trust, instead including $10.00 per unit in the account...
At the SPAC of Dawn This week is set to be busy for SPACs at both ends of their processes as four SPACs are seeking to price their IPOs in the first two days of the week while six SPACs that are already trading have scheduled votes clustered on Wednesday and Friday. Distoken (NASDAQ:DIST) and...
Terms Tracker for the Week Ending April 25, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Everybody’s back in the pool. Two more SPACs filed this week while four others priced their IPOs. Additionally five SPACs announced their combinations, breaking the...
At the SPAC of Dawn After a cheery string of good news indicators, futures remain green heading into the final trading session of the week. The final reading for consumer sentiments is to come at about 10 am, which will hopefully match the market’s recent mood. There is some time delay on this indicator, however,...