Company: GSRF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111032
Chunk: 49

Company: GSR IV Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 49
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 Note 4). Out of the aggregate amount of $6,555,000, the amount of $6,550,000
from the sale of the Private Placement Units are added to the net proceeds from the Initial Public Offering held in the Trust Account
and the balance of $5,000 is receivable from the Sponsor, which is presented as an increase to stockholders’ deficit.

Transaction costs amounted
to $13,509,096, consisting of $3,450,000 of cash underwriting fees, $9,200,000 of deferred underwriting commissions which will be paid
on the consummation of the initial Business Combination, and $859,096 of other offering costs.

Upon the closing of the Initial
Public Offering and the Private Placement, $230,000,000 ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain
of the proceeds of the Private Placement were placed in a trust account (the “Trust Account”) with Odyssey Transfer and Trust
Company acting as trustee and invested only in in either (i) U.S. government treasury bills with a maturity of 185 days or less or in
money market funds investing solely in U.S. Treasuries and meeting certain conditions under Rule 2a-7 under the Investment Company Act,
(ii) as uninvested cash, or (iii) an interest or non-interest bearing bank demand deposit account or other accounts at a bank. The Trust
Account is intended as a holding place for funds pending the earliest to occur of: (i) the completion of an initial Business Combination;
(ii) the redemption of any Public Shares properly submitted in connection with a shareholder vote to amend the amended and restated memorandum
and articles of association (A) to modify the substance or timing of the obligation to offer redemption rights in connection with any
proposed initial Business Combination or certain amendments to the amended and restated memorandum and articles of association prior thereto
or to redeem 100% of the Public Shares if the Company does not complete the initial Business Combination within the completion window;
or (B) with respect to any other material provision relating to shareholders’ rights or pre-initial Business Combination activity;
or (iii) absent an initial Business Combination within the completion window, from the closing of Initial Public Offering, return of the
funds held in the Trust Account to public shareholders as part of redemption of the Public Shares.

6

The Nasdaq listing rules
require that the initial Business Combination must be with one or more operating