Gesher I Acquisition Corp.
GIACU
NASDAQ Global Market10.31
USD
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Gesher I Acquisition Corp.
GIACU
(NASDAQ Global Market)
Recent
price
10.31
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Gesher I Acquisition Corp. (GIACU) is a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands in 2021 and headquartered at Hagag Towers North Tower, Floor 24, Haarba 28, Tel Aviv, Israel, whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with a focus on target companies located in Israel that conduct business internationally in Asia, Europe, or North America; it offers no current products or services beyond its capital-raising structure, which includes publicly traded units comprising one Class A ordinary share and one-half of one redeemable warrant, private placement units, and related securities held in trust for potential deployment in a de-SPAC transaction. The company completed a $100 million initial public offering in October 2021, raising proceeds held in trust at approximately 101% of IPO funds, and secured capital commitments including up to $10 million backstop facilities from M&G Investment Management Limited in 2022 and Composite Analysis Group, an affiliate of Safer Logistics, LLC; it announced a definitive business combination with Freightos Limited in May 2022, valued at a pro forma enterprise value of approximately $435 million, which closed on January 25, 2023, resulting in Freightos becoming publicly listed under the ticker FROS on Nasdaq, after which Gesher I Acquisition Corp. units (GIACU) continue to trade on Nasdaq as of December 2025 with no further mergers announced.