Gesher I Acquisition closed its IPO of 10 million units, which list on the Nasdaq under GIACU.
The SPAC also entered into contingent forward purchase agreements to sell up to an additional 4.5 million units at the $10 IPO price in a private placement to close concurrently with a business combination.
The SPAC intends initially to focus on target businesses in Israel, particularly those conducting business internationally in Asia, Europe or North America. Read more.