Company: GSRF
Filing Date: 2025-07-29
Form Type: S-1
Source: 0001213900-25-068819
Chunk: 95

Company: GSR IV Acquisition Corp.
Filing Date: 2025-07-29
Form: S-1
Chunk 95
---
300 and to imprisonment for five years in the Cayman Islands. The grant of registration rights to our initial shareholders and their permitted transferees may make it more difficult to complete our initial business combination, and the future exercise of such rights may adversely affect the market price of our Class A ordinary shares. Pursuant to an agreement to be entered into concurrently with the issuance and sale of the securities in this offering, our initial shareholders, the holders of our private placement units, the holders of rights that may be issued upon conversion of working capital loans and their permitted transferees can demand that we register (i) the founder shares (including the underlying Class A ordinary shares issuable upon the conversion of the founder shares), (ii) private placement units, including any private placement units that may be issued upon conversion of working capital loans (including any private placement shares, private placement rights and any Class A ordinary shares underlying the private placement rights) and (iii) any other securities of the company acquired by them prior to the consummation of our initial business combination. We will bear the cost of registering these securities. The registration and availability of such a significant number of securities for trading in the public market may have an adverse effect on the market price of our Class A ordinary shares. In addition, the existence of the registration rights may make our initial business combination more costly or difficult to conclude. This is because the shareholders of the target business may increase the equity stake they seek in the combined entity or ask for more cash consideration to offset the negative impact on the market price of our Class A ordinary shares that is expected when the ordinary shares owned by our initial shareholders, holders of our private placement units or holders of our working capital loans or their respective permitted transferees are registered. We may approve an amendment or waiver of our letter agreement with GSR Sponsor, directors and officers that would allow GSR Sponsor to directly, or the members of GSR Sponsor to indirectly, transfer founder shares and private placement shares or membership interests in GSR Sponsor in a transaction in which GSR Sponsor removes itself as our sponsor before identifying an initial business combination, which may deprive us of key personnel. While there is no current intention to do so, we may approve an amendment or waiver of our letter agreement with GSR Sponsor, directors and officers that would allow our sponsor to directly, or the members of GSR Sponsor to indirectly, transfer founder shares and private placement shares or membership interests in GSR Sponsor in a transaction in which GSR Sponsor removes itself as our sponsor before identifying an