Company: GSRF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111032
Chunk: 6

Company: GSR IV Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 6
---
 
    $13,209,275  
    $- 
  
    Remeasurement adjustment on ordinary shares subject to possible redemption 
    $17,316,418  
    $- 
  
    Subsequent measurement of ordinary shares subject to possible redemption 
    $662,819  
    $- 
  
    Deferred underwriting commissions 
    $9,200,000  
    $- 
  
    Reclassification of value for Class A ordinary shares 
    $230,000,000  
    $- 

The accompanying notes are an integral part of
these unaudited financial statements.

5

GSR IV ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

(Unaudited)

NOTE 1: DESCRIPTION OF ORGANIZATION AND BUSINESS
OPERATIONS

GSR IV Acquisition Corp.
(the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on May 10, 2023. The Company
was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business
combination with one or more businesses or entities that the Company has not yet identified (“Business Combination”).

As of September 30, 2025,
the Company had not yet commenced operations. All activity for the period from May 10, 2023 (inception) through September 30,
2025 relates to the Company’s formation and the initial public offering (the “Initial Public Offering”), and since the
Initial Public Offering, its search for a Business Combination. The Company will not generate any operating revenues until after the completion
of its initial Business Combination, at the earliest. The Company generates non-operating income in the form of interest and dividend
income from the proceeds derived from the Initial Public Offering held in the Trust Account (as defined below). The Company has selected
December 31 as its fiscal year end.

Financing 

The registration statement
for the Company’s Initial Public Offering was declared effective on September 2, 2025. On September 5, 2025, the Company consummated
the Initial Public Offering of 23,000,000 units including 3,000,000 additional public units as the underwriters’ over-allotment
option was exercised in full (the “Units” and, with respect to the shares of Class A ordinary shares included in the Units
being offered, the “Public Shares”), at $10.