Gesher Acquisition II Holds Near $10 as SPAC Deadline Approaches
Gesher Acquisition Corp. II’s Class A shares were quiet ahead of the Memorial Day break, with investors still waiting to see if the SPAC will land a deal before time runs out. The stock last changed hands at $10.40 on Friday, with volume just two shares. Price discovery stayed thin. Market cap was about $213 million. Related warrants were last quoted around 22 cents.