GIAC SEC filings, in plain English
Everything Gesher I Acquisition Corp. has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2021-12-29trust $3.5M → $116.8M +3238%going concern APPEAREDsponsor loan $176K → $1.3M
trust account, going-concern doubt, sponsor loans outstanding +33 moved · 3 with no prior record of ours
- Trust account
- $3.5M$116.8M
- Going-concern doubt
- not statedstated
- Sponsor loans outstanding
- $176K$1.3M
- Redeemable shares
- not previously extracted11.5M
- Combination deadline
- 2023-04-14 · unchanged
- Mandate language
- we intend to focus our search for target businesses in the c… · unchanged
SpacBrain reads this as $113,323,042 was added to the trust between the two filings.
The clause …“costs — 208,199 Total current assets 421,021 208,199 Marketable securities held in Trust Account 116,823,042 — Total Assets $ 117,244,063 $ 208,199 Liabilities and Shareholders’ (Deficit) Equity Current liabilities Accrued offering”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” ● Our shareholders may not be afforded an opportunity to vote on our proposed initial”…
SpacBrain reads this as the sponsor has advanced $1,089,118 more.
The clause …“Loans (as defined below in Note 5). As of September 30, 2022, there were $ 1,264,945 outstanding under Working Capital Loans. In connection with the Company’s assessment of going concern considerations in accordance with Financial”…
The clause “0,000,000 shares authorized; 3,075,000 shares issued and outstanding (excluding 11,500,000 and 0 shares subject to possible redemption) at September 30, 2022 and September 30, 2021, respectively 308 308 Additional paid-in capital — 24,692”…
The clause …“205-40, “Presentation of Financial Statements – Going Concern,” the Company has until April 14, 2023, to consummate an initial business combination. It is uncertain that the Company will be able to consummate an initial business”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Gesher I Acquisition Corp.'s proxy statement and prospectus for up to 14,575,000 ordinary shares, 12,250,000 warrants and 12,250,000 ordinary shares underlying warrants of Freightos Limited covers the Business Combination Agreement dated May 31, 2022. Freightos preferred shares convert to ordinary shares, which then convert at a ratio derived by dividing 39,000,000 by the resulting share count. Why it matters: Two separate backstop commitments exist precisely because the parties expected redemptions to threaten the minimum cash condition — they are the mechanism that lets the deal close even if GIAC holders leave en masse. The backstop providers receive additional shares for that undertaking, so the cost of keeping the transaction alive is dilution borne by holders who stay. Redemption at trust value is the alternative to funding that arrangement.
pipenothing moved · 1 with no prior record of ours
- PIPE
- no earlier filing$50.0M
The clause …“$3 million were deducted from the equity. (E) Reflects the proceeds of $50 million from the issuance and sale of Freightos Ordinary Shares in the PIPE Financing (including the Forward Purchase Agreement and issuance of liability”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2022-05-20trust $116.2M → $116.3M +0%sponsor loan $182K → $1.0M
trust account, sponsor loans outstanding, combination deadline +32 moved · 4 with no prior record of ours
- Trust account
- $116.2M$116.3M
- Sponsor loans outstanding
- $182K$1.0M
- Combination deadline
- 2023-04-14 · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- we intend to focus our search for target businesses in the c…not matched in this filing
- Redeemable shares
- 11.5M · unchanged
SpacBrain reads this as $147,531 was added to the trust between the two filings.
The clause …“483,572 208,199 Prepaid expenses, non-current 54,802 - Marketable securities held in Trust Account 116,310,252 - Total assets $ 116,848,626 $ 208,199 Liabilities and Shareholders’ (Deficit) Equity Current liabilities: Accrued offering”…
SpacBrain reads this as the sponsor has advanced $832,818 more.
The clause …“Capital Loans (as defined below in Note 5). As of June 30, 2022, there were $ 1,014,945 outstanding under Working Capital Loans. In connection with the Company’s assessment of going concern considerations in accordance with Financial”…
The clause …“205-40, “Presentation of Financial Statements – Going Concern,” the Company has until April 14, 2023, to consummate an initial business combination. It is uncertain that the Company will be able to consummate an initial business”…
The clause …“business combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…
The clause “0,000,000 shares authorized; 3,075,000 shares issued and outstanding (excluding 11,500,000 and 0 shares subject to possible redemption) at June 30, 2022 and September 30, 2021, respectively. 308 308 Additional paid-in capital - 24,692”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.