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.
Siddhi Acquisition Corp. (NASDAQ:SDHIU) announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SDHIU”, Tuesday, April 1, 2025. The new SPAC plans to mount a broad search for a target company leveraging its internal network of relationships. Siddhi is to be...
UY Scuti Acquisition Corp. (NASDAQ:UYSCU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “UYSCU”, Tuesday, April 1, 2025. The new SPAC aims to combine with a target company in Asia, but it does not have a specific preference on industry or...
April is set to be a less-eventful month for SPAC dealmakers seeing their shares unlocked, but the activity does start already tomorrow. The sponsor of Excelfin is set to see its promote shares in Baird Medical (NASDAQ:BDMD) come available to trade on April 1. It is one of just two sponsors being released this month...
At the SPAC of Dawn Two SPACs have scheduled shareholder votes for this week including Bukit Jalil 1‘s (NASDAQ:BUJA) special meeting to approve its combination with Global IBO Group later today. The SPAC still has about half of its $50 million trust in tact going into the vote and Global IBO’s core business of providing...
Terms Tracker for the Week Ending March 28, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. No SPAC IPOs priced this week, which means March closes out with just two IPOs total, both of which priced last week. By comparison, January...