Gesher I Acquisition Corp. operated as a special purpose acquisition company, without active commercial ventures of its own. Its primary objective was to facilitate a business combination, such as a merger, asset acquisition, or share exchange, with an existing enterprise. Formed in 2021, the company was established with a focus on seeking out Israeli-based businesses, particularly those engaged in international activities across Asia, Europe, or North America. It successfully completed its combination with Freightos Limited, a global platform for freight booking and payments, with the combined entity now trading under the ticker FROS.