SCHEDULE: Verition Fund Management Discloses 7.2% Stake in Gesher II

Verition Fund Management LLC and Nicholas Maounis have disclosed a beneficial ownership of 7.2% in Gesher Acquisition Corp. II's Class A ordinary shares.

Summary

• Verition Fund Management LLC and Nicholas Maounis (the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Gesher Acquisition Corp. II.
• As of June 30, 2025, the Reporting Persons beneficially own an aggregate of 1,101,052 Class A ordinary shares.
• This ownership represents approximately 7.2% of Gesher Acquisition Corp. II's Class A ordinary shares outstanding.
• The total beneficial ownership includes 695,847 Class A Ordinary Shares, 45,023 Class A Ordinary Shares underlying Units, and 360,182 Class A Ordinary Shares convertible from Class B Ordinary Shares within 60 days.
• The percentage is calculated based on 14,940,625 Class A Ordinary Shares outstanding as of May 14, 2025, as reported in the Issuer's quarterly report on Form 10-Q, plus the 360,182 convertible Class B shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G Amendment), providing factual information without inherently positive or negative implications for the company's operational performance or financial health.

Positives

• A significant institutional investor, Verition Fund Management LLC, holds a substantial 7.2% stake in the company, indicating institutional interest.

Future Outlook

NA

Industry Context

This is a standard disclosure for a Special Purpose Acquisition Company (SPAC) where an institutional investor has accumulated a significant stake. Such filings provide transparency on major shareholders and are a routine part of market surveillance.

Stakeholder Impact

• Shareholders: Provides transparency on a significant institutional holder, potentially signaling institutional interest in the company.

Key Dates

Keywords

Gesher Acquisition Corp. II, Verition Fund Management, Nicholas Maounis, Schedule 13G, beneficial ownership, SPAC, Class A ordinary shares, institutional investor