Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.
(a)
Market Information
Our Public Units, Public Shares and Public Warrants
are each traded on the Global Market tier of Nasdaq under the symbols “ GSHRU”, “GSHR”
and “GSHRW” , respectively. Our Public Units commenced public trading on March
21, 2025 , and our Public Shares and Public Warrants commenced separate public trading on May
12, 2025 .
(b)
Holders
On March 27, 2026, there were three holders
of record of our Units, one holder of record of our Class A Ordinary Shares, one holder of record of our Class B Ordinary Shares and one
holder of record of our Warrants.
(c)
Dividends
We have not paid any cash dividends on our Ordinary
Shares to date and do not intend to pay cash dividends prior to the completion of our initial Business Combination. The payment of cash
dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition
subsequent to completion of our initial Business Combination. The payment of any cash dividends subsequent to our initial Business Combination
will be within the discretion of our Board of Directors at such time. In addition, our Board of Directors is not currently contemplating
and does not anticipate declaring any share dividends in the foreseeable future. Further, if we incur any indebtedness in connection with
our initial Business Combination, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection
therewith.
(d)
Securities Authorized for Issuance Under Equity Compensation Plans
None.
(e)
Performance Graph
As a smaller reporting company, we are not required
to provide the information required by Regulation S-K Item 201(e).
(f)
Recent Sales of Unregistered Securities
Simultaneously with
the closing of the Initial Public Offering and pursuant to the Private Placement Units Purchase Agreements, we completed the sale of
an aggregate of 565,625 Private Placement Units to the Sponsor and BTIG in the Private Placement at a purchase price of $10.00 per
Private Placement Unit, generating gross proceeds to us of $5,656,250. Of those 565,625 Private Placement Units, the Sponsor
purchased 403,125 Private Placement Units and BTIG purchased 162,500 Private Placement Units. The Private Placement Units (and
underlying securities) are identical to the Public Units (and underlying securities), except as otherwise disclosed in the IPO
Registration Statement. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private
Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.
(g)
Use of Proceeds
For a description of
the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our 2025 First Quarter 10-Q.
There has been no material change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in
the IPO Registration Statement. The specific investments in our Trust Account may change from time to time.
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(h)
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
There were
no purchases of our equity securities by us or an affiliate during the fourth quarter of the fiscal year covered by the Report.
Item
6. [Reserved]