Gesher I Acquisition Corp. (GIACU) Prices $100M IPO


Gesher I Acquisition Corp. (GIACU) Prices $100M IPO

Oct 12, 2021 IPOs by Marlena Haddad

Gesher I Acquisition Corp. announced the pricing of its $100 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “GIACU” Tuesday, October 12.

The new SPAC intends to focus on target businesses in the mobility, autonomy and robotics, and fintech industries that are located in Israel, particularly those that conduct business internationally in Asia, Europe or North America. Gesher I Acquisition Corp. is led by CEO Ezra Gardner, COO Omri Cherni, and CFO Chris Coward.

Total SPAC deal count for 2021 year-to-date is now 462. This offering is expected to close on Thursday, October 14.

EarlyBirdCapital, Inc. is acting as the sole book-running manager for the offering. I-Bankers Securities, Inc. and Ingalls & Snyder, LLC are acting as co-managers for the offering. Graubard Miller is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.