Wealthspring Capital LLC Purchases New Shares in Gesher Acquisition Corp. II $GSHR

Wealthspring Capital LLC purchased a new stake in shares of Gesher Acquisition Corp. II (NASDAQ:GSHR) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 149,812 shares of the company’s stock, valued at approximately $1,581,000.

Separately, Sona Asset Management US LLC bought a new position in Gesher Acquisition Corp. II in the 1st quarter worth approximately $1,810,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Gesher Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, August 20th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

Gesher Acquisition Corp. II Price Performance

Shares of GSHR opened at $10.64 on Monday. The stock’s fifty day simple moving average is $10.58 and its 200-day simple moving average is $10.45. Gesher Acquisition Corp. II has a 12-month low of $10.23 and a 12-month high of $10.64.

Gesher Acquisition Corp. II (NASDAQ:GSHR) last announced its quarterly earnings data on Thursday, August 13th. The company reported $0.05 EPS for the quarter.

About Gesher Acquisition Corp. II

Gesher Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated to identify and complete a business combination, such as a merger, capital stock exchange, asset acquisition, or similar transaction, with one or more operating businesses.

As a blank-check company, Gesher Acquisition Corp. II does not operate a conventional business and does not manufacture products or provide services to customers. Its activities are focused on evaluating potential acquisition targets and completing a transaction that would result in a publicly traded operating company.

The company is listed on the Nasdaq under the symbol GSHR.