Company: GSRF
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001213900-25-056174
Chunk: 143

Company: GSR IV Acquisition Corp.
Filing Date: 2025-06-20
Form: DRS
Chunk 143
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 our expenses to increase substantially after the closing of this offering. Liquidity and Capital Resources Our liquidity needs have been satisfied prior to the completion of this offering through the contribution from our sponsor of $25,000 to purchase the founder shares and up to $300,000 in loans available from our sponsor. As of March31, 2025, we have not borrowed any amount under the promissory note. We estimate that the net proceeds from (1) the sale of the units in this offering, after deducting offering expenses of approximately $655,000 and cash underwriting commissions of $1,500,000 (excluding deferred underwriting commissions of $8,000,000 (or up to $9,200,000 if the underwriters’ over -allotmentoption is exercised in full)), and (2) the sale of the private placement units for a purchase price of $10.00 will be $202,350,000 (or $232,350,000 if the underwriters’ over -allotmentoption is exercised in full). Of this amount, $200,000,000 (or $230,000,000 if the underwriters’ over -allotmentoption is exercised in full, will be deposited into the trust account. The funds in the trust account will be invested or held only 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 -7under the Investment Company Act, (ii) as uninvested cash, or (iii) an interest or non -interestbearing bank demand deposit account or other accounts at a bank. To mitigate the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer we hold investments in the trust account, we may, at any time (and will no later than 18months (or up to 21months at the discretion of GSR Sponsor) from the closing of this offering) instruct the trustee to liquidate the investments held in the trust account and instead to hold the funds in the trust account in cash or in an interest or non -interestbearing demand deposit account. For more information about the risk of the company being considered to be operating as an unregistered investment company, see “Risk Factors — Risks Relating to our Search for, Consummation of, or Inability to Consummate, a Business Combination and