Company: GSRF
Filing Date: 2025-07-29
Form Type: S-1
Source: 0001213900-25-068819
Chunk: 217

Company: GSR IV Acquisition Corp.
Filing Date: 2025-07-29
Form: S-1
Chunk 217
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 our Class A ordinary shares). With the exception of our sponsor and the private placement units it purchases in connection with this offering, the holders of these securities will be entitled to make up to three demands, excluding short form registration demands, that we register such securities. In addition, and as excepted above, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination and rights to require us to register for resale such securities pursuant to Rule 415 under the Securities Act. In compliance with FINRA Rule 5110(g)(8), registration rights granted to SPAC Advisory Partners in connection with the purchase of private placement units are limited to demand and “piggy back” rights for periods of five and seven years, respectively, from the effective date of the registration statement we filed in connection with this offering and such demand rights may be exercised on only one occasion. However, the registration rights agreement provides that we will not be required to effect or permit any registration or cause any registration statement to become effective until termination of the applicable lock -upperiod as described under “Principal Shareholders — Transfers of Founder Shares and Private Placement Units.” We will bear the expenses incurred in connection with the filing of any such registration statements. 140 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS On May 30, 2023, GSR Sponsor paid $25,000 to cover certain of our offering and formation costs in exchange for the issuance of 5,750,000 founder shares to GSR sponsor, or approximately $0.004 per share. Subsequently, on, 2025, GSR Sponsor transferredfounder shares to each of our independent directors (an aggregate offounder shares) at their original purchase price. In connection with our initial business combination, the Company may issue shares to investors in private placement transactions (so -calledPIPE transactions) at a price of $10.00 per share or at a price which approximates the per -shareamounts in our trust account at such time or else surrender ordinary shares upon achievement of milestones for the per share price of the Class A ordinary shares during the applicable earn -outperiod. At this time, we are not a party to any arrangement or understanding with any third party with respect to any PIPE transactions. GSR Sponsor has committed to purchase an aggregate of 610,500 private placement units (or 655,500 private placement units if the underwriters’ over -allotmentoption is exercised in full),