Company: GSRF
Filing Date: 2025-07-29
Form Type: S-1
Source: 0001213900-25-068819
Chunk: 104

Company: GSR IV Acquisition Corp.
Filing Date: 2025-07-29
Form: S-1
Chunk 104
---
 on a one -for-onebasis, subject to adjustment as set forth herein. To the extent we issue Class A ordinary shares to effectuate a business combination, the potential for the issuance of a substantial number of additional Class A ordinary shares upon conversion of these rights or other conversion rights could make us a less attractive acquisition vehicle to a target business. Any such issuance will increase the number of issued and outstanding Class A ordinary shares and reduce the value of the Class A ordinary shares issued to complete the business combination. Therefore, our rights and founder shares may make it more difficult to effectuate a business combination or increase the cost of acquiring the target business. We have no obligation to net cash settle the rights. In no event will we have any obligation to net cash settle the rights. Accordingly, the rights may expire worthless. 67 Because each whole right entitles the holder to receive one Class A ordinary share upon the consummation of the business combination, the units may be worth less than units of other blank check companies. Each whole right entitles the holder to receive one Class A ordinary share upon the consummation of the business combination. Pursuant to the rights agreement, no fractional rights will be issued upon separation of the units, and you must hold units in multiples of fourteen in order to receive shares for all of your rights upon closing of a business combination. This is different from other offerings similar to ours whose units include one ordinary share and one right to receive one whole share. We have established the components of the units in this way in order to reduce the dilutive effect of the public rights upon completion of a business combination since each fourteen units will be convertible in the aggregate for one Class A ordinary share compared to units that each contain a whole right to receive one share, thus making us, we believe, a more attractive business combination partner for target businesses. Nevertheless, this unit structure may cause our units to be worth less than if it included a public right to receive one whole share. The determination of the offering price of our units and the size of this offering is more arbitrary than the pricing of securities and size of an offering of an operating company in a particular industry. You may have less assurance, therefore, that the offering price of our units properly reflects the value of such units than you would have in a typical offering of an operating company. Prior to this offering there has been no public market for any of our securities. The public offering price of the units and the terms of the rights were negotiated between us and the underwriter. In determining the