Company: GSRF
Filing Date: 2025-09-05
Form Type: 424B4
Source: 0001213900-25-084652
Chunk: 137

Company: GSR IV Acquisition Corp.
Filing Date: 2025-09-05
Form: 424B4
Chunk 137
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 of funds held outside the trust account. In the event that our initial business combination does not close, we may use a portion of the working capital held outside the trust account to repay such loaned amounts but no proceeds from our trust account would be used to repay such loaned amounts. Up to $1,500,000 of such loans for each such person may be convertible into units at a price of $10.00 per unit at the option of the lender. The units and the underlying securities would be identical to the private placement units and the underlying securities of such private placement units issued to GSR Sponsor. The additional issuance of securities that may occur as a result of the conversion of such loans into units may result in a material dilution of the equity interests of public shareholders. The terms of such loans, if any, have not been determined and no written agreements exist with respect to such loans. We do not expect to seek loans from parties other than GSR Sponsor, or an affiliate of GSR Sponsor as we do not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our trust account. Furthermore, other compensation to be paid and securities issued to GSR Sponsor and any affiliates may result in a material dilution of the equity interests of public shareholders. No other compensation to be paid and securities issued to GSR Sponsor has been determined and no written agreement exists with respect to any additional compensation or securities. We expect our primary liquidity requirements during that period to include approximately $700,000 for legal, accounting, due diligence, travel and other expenses in connection with any business combinations; $400,000 for legal and accounting fees related to regulatory reporting requirements; $50,000 for consulting, travel, miscellaneous; $200,000 for director and officer liability insurance premiums; and $1,000,000 for office space, administrative and support services, net of estimated interest income. These amounts are estimates and may differ materially from our actual expenses. In addition, we could use a portion of the funds not being placed in trust to pay commitment fees for financing, fees to consultants to assist us with our search for a target business or as a down payment or to fund a “no -shop” provision (a provision designed to keep target businesses from “shopping” around for transactions with other companies or investors on terms more favorable to such target businesses) with respect to a particular proposed business combination, although we do not have any current intention to do so. If we entered into an