Appleby Advises Gesher Acquisition Corp On IPO
Appleby Advised Gesher Acquisition Corp On IPO
Priced at US$10.00 per unit, these are listed on the Nasdaq Global Market
Appleby Advises on Gesher Acquisition Corp. II USD$143M Initial Public Offering
Global law firm Appleby has acted as Cayman Islands counsel for Gesher Acquisition Corp along with the prestigious Ellenoff, Grossman & Schole LLP, in its initial public offering (IPO) of 14,375,000 units.
The US$10.00 per unit comprised one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share for $11.50, subject to adjustments.
The Class A ordinary shares and warrants will be listed on Nasdaq under the symbols ‘GSHR’ and ‘GSHRW’, respectively.
The company granted the underwriters a 45-day option to purchase an additional 1,875,000 units at the IPO price to cover over-allotments.
The Appleby corporate team included Partner Simon Raftopoulos and Senior Associate Alexandra Low.
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