Gesher II Acquisition is a SPAC — a blank check company with no operations or revenue. Its sole purpose is to identify and merge with a private company, taking that company public in the process. Gesher II raised ~$144M in its March 2025 IPO, with proceeds held in trust while management searches for a target. The SPAC has until December 2026 to complete an acquisition, or it must return trust funds to public shareholders. Gesher II focuses primarily on Israeli technology companies with international operations, targeting sectors including mobility and electric vehicles, autonomy and robotics, agricultural technology, and fintech. The SPAC will not pursue targets incorporated or principally operating in China, Hong Kong, or Macau. The sponsor, controlled by CEO Ezra Gardner, acquired founder shares at a nominal cost representing roughly 27.7% of the post-IPO share count. These shares convert into Class A ordinary shares upon deal close, giving the sponsor a strong incentive to close a deal. If no deal closes by the deadline, the SPAC liquidates, public shareholders get their trust money back, and the sponsor's founder shares are worthless. Gesher II previously ran Gesher I, which completed a merger with Freightos in January 2023, and highlights this track record as evidence of its ability to source Israeli tech deals.