Company: GSRF
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001213900-25-056174
Chunk: 228

Company: GSR IV Acquisition Corp.
Filing Date: 2025-06-20
Form: DRS
Chunk 228
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 independent underwriter for this offering. We have agreed to indemnifyagainst certain liabilities incurred in connection with acting as a qualified independent underwriter, including liabilities under the Securities Act. Members of our management team and our board of directors will directly or indirectly own founder shares and/or private placement units following this offering, as set forth in “Principal Shareholders,” including our independent directors who will receive for their services as a director an indirect interest in the founder shares through membership interests in GSR Sponsor, and accordingly, may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business combination. We will enter into an Administrative Services Agreement with an affiliate of GSR Sponsor, pursuant to which we will pay a total of $55,556 per month for office space, administrative and support services to such affiliate. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. Accordingly, in the event the consummation of our initial business combination takes 18months, an affiliate of GSR Sponsor will be paid a total of approximately $1,000,000 ($55,556 per month) for office space, administrative and 136 Confidential Treatment Requested by GSR IV Acquisition Corp.
Pursuant to 17 C.F.R. Section 200.83 support services and will be entitled to be reimbursed for any out -of -pocketexpenses. If the time to complete the initial business combination is extended to 21 months at GSR Sponsor’s discretion, GSR Sponsor shall make a capital contribution to the Company, if necessary, to fund any additional office space, administrative and support services. GSR sponsor, our directors and officers, or any of their respective affiliates, will be reimbursed for any out -of -pocketexpenses incurred in connection with activities on our behalf such as identifying potential target businesses and performing due diligence on suitable business combinations. Our audit committee will review on a quarterly basis all payments that were made to GSR sponsor, our directors, officers or our or any of their respective affiliates and will determine which expenses and the amount of expenses that will be reimbursed. There is no cap or ceiling on the reimbursement of out -of -pocketexpenses incurred by such persons in connection with activities on our behalf. GSR Sponsor has agreed to loan us up to $300,000 to be used for a portion of the expenses of this offering. To date, we have no borrowings under the promissory note. This loan is