Company: GSRF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111032
Chunk: 70

Company: GSR IV Acquisition Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 70
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 that our share capital is used in whole or in part as consideration
to effect our initial Business Combination, the remaining proceeds held in the Trust Account as well as any other net proceeds not expended
will be used as working capital to finance the operations of the target business. Such working capital funds could be used in a variety
of ways including continuing or expanding the target business’ operations, for strategic acquisitions and for marketing, research
and development of existing or new products. Such funds could also be used to repay any operating expenses or finders’ fees which
we had incurred prior to the completion of our initial Business Combination if the funds available to us outside of the Trust Account
were insufficient to cover such expenses.

Over the next 18 to 21 months
(assuming a Business Combination is not consummated prior thereto), we will be using the funds held outside of the Trust Account for identifying
and evaluating prospective acquisition candidates, performing business due diligence on prospective target businesses, traveling to and
from the offices, plants or similar locations of prospective target businesses, reviewing corporate documents and material agreements
of prospective target businesses, selecting the target business to acquire and structuring, negotiating and consummating the Business
Combination.

If our estimates of the costs
of undertaking in-depth due diligence and negotiating our initial Business Combination is less than the actual amount necessary to do
so, or the amount of interest available to us from the Trust Account is less than we expect as a result of the current interest rate environment,
we may have insufficient funds available to operate our business prior to our initial Business Combination. Moreover, we may need to obtain
additional financing either to consummate our initial Business Combination or because we become obligated to redeem a significant number
of our public shares upon consummation of our initial Business Combination, in which case we may issue additional securities or incur
debt in connection with such Business Combination. Subject to compliance with applicable securities laws, we would only consummate such
financing simultaneously with the consummation of our initial Business Combination. Following our initial Business Combination, if cash
on hand is insufficient, we may need to obtain additional financing in order to meet our obligations.

19

Going Concern Consideration

In connection with the Company’s
assessment of going concern considerations in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards
Codification (“ASC”) 205-40, “Presentation of Financial Statements — Going Concern,” we have
determined that mandatory liquidation, should we not complete a