Company: GSRF
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001213900-25-056174
Chunk: 284

Company: GSR IV Acquisition Corp.
Filing Date: 2025-06-20
Form: DRS
Chunk 284
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 as a result of such transfer, any related Section 16 filing includes a practical explanation as to the nature of the transfer). SPAC Advisory Partners, LLC in its sole discretion may release any of the securities subject to these lock -upagreements at any time without notice. GSR Sponsor, officers and directors are also subject to separate transfer restrictions on their founder shares and private placement units pursuant to the letter agreement described herein. 167 Confidential Treatment Requested by GSR IV Acquisition Corp.
Pursuant to 17 C.F.R. Section 200.83 Our initial shareholders, subject to limited exceptions, have agreed not to transfer, assign or sell any of their founder shares until the until the first earnings release that is at least 60 days after the completion of the Company’s initial business combination, at which point 25% of the founder shares will become transferable and thereafter an additional 25% will become transferable at each subsequent earnings release. Notwithstanding the above, 100% of any Founder Shares will become immediately transferable, subsequent to any initial business combination, (x) if the last reported sale price of our Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub -divisions, share dividends, rights issuances, reorganizations, recapitalizations and the like) for any 10 trading days within any 30 -tradingday period commencing at least 150 days after our initial business combination or (y) the date on which we complete a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of our public shareholders having the right to exchange their ordinary shares for cash, securities or other property (except with respect to permitted transferees as described herein under “Principal Shareholders — Transfers of Founder Shares and Private Placement Units”). Any permitted transferees would be subject to the same restrictions and other agreements of our initial shareholders with respect to any founder shares. The private placement units (including any private placement shares, private placement rights and any Class A ordinary shares underlying the private placement rights) will not be transferable, assignable or saleable until 30 days after the consummation of our initial business combination, except as described herein under “Principal Shareholders — Transfers of Founder Shares and Private Placement Units.” Except in certain limited circumstances, no member of GSR Sponsor may Transfer all or any portion of its membership interests in GSR Sponsor. For more information, see “Principal Shareholders — Transfers of Founder Shares and Private