Company: GSRF
Filing Date: 2025-09-05
Form Type: 424B4
Source: 0001213900-25-084652
Chunk: 219

Company: GSR IV Acquisition Corp.
Filing Date: 2025-09-05
Form: 424B4
Chunk 219
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 $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 non -interestbearing, unsecured and is due at the earlier of June 6, 2026, and the closing of this offering. GSR Sponsor pays certain costs on our behalf, with such amounts reflected as due to related party. These amounts are due on demand and non -interestbearing. During the period from April1, 2025 through June30, 2025, GSR Sponsor paid certain costs totaling $64,455 on our behalf. As of June30, 2025, the balance due to related party was $64,455, which we plan to repay at the closing of this offering. Subsequent to June30, 2025, the Sponsor paid certain costs totaling $99,114 on behalf of the Company, resulting in a balance due to related party of $163,569 as of the date the financial statements were issued. In addition, in order to finance transaction costs in connection with an intended initial business combination, either of GSR Sponsor, any of its affiliates or certain of our directors and officers may, but are not obligated to, loan us funds as may be required. If we complete our initial business combination, we may repay such loaned amounts out of the proceeds of the trust account released to us. Otherwise, such loans may be repaid only out 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 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. After our initial business combination, members of our management team who