Gesher Acquisition II Holds Near $10 as SPAC Deadline Approaches
Gesher Acquisition Corp. II’s Class A shares closed Friday at $10.40 with only two shares traded, as U.S. markets head into the Memorial Day break. The SPAC, with $150 million in trust and no merger target announced, faces a December 24, 2026 deadline to complete a deal or liquidate. Market cap stands at about $213 million. Trading resumes Tuesday after the holiday.