GSR IV Acquisition Corp. priced its IPO at $10 per unit, raising $200 million with trading starting September 4, 2025.
Quiver AI Summary
GSR IV Acquisition Corp. announced the pricing of its initial public offering (IPO) of 20 million units at $10.00 each, generating total gross proceeds of $200 million. The units will trade on Nasdaq starting September 4, 2025, under the ticker symbol "GSRFU," and each unit consists of one Class A ordinary share and one-seventh of one right, with rights entitling holders to additional shares upon a successful business combination. The IPO is expected to close on September 5, 2025, subject to standard conditions, and underwriters have a 45-day option to purchase up to 3 million additional units. Polaris Advisory Partners and The Benchmark Company are acting as joint bookrunners for the offering. GSRF is a blank check company formed to pursue business combinations in various industries, focusing on companies with strong growth potential.
Potential Positives
- GSR IV Acquisition Corp. successfully priced its initial public offering at $10.00 per unit, raising $200,000,000 in aggregate gross proceeds.
- The offering's units will be listed on the Nasdaq Global Market under the ticker symbol “GSRFU,” indicating a significant development in the company's market presence.
- The company has granted underwriters a 45-day option to purchase an additional 3,000,000 units, which could further increase the total proceeds from the IPO.
- GSRF aims to target companies with strong growth prospects and cash flow dynamics, positioning itself to create value through strategic business combinations.
Potential Negatives
- The press release highlights the involvement of a financial advisory firm wholly owned and controlled by the management of GSRF, which could raise concerns about potential conflicts of interest.
- GSRF is a blank check company, which inherently carries risks as it has no existing business and relies entirely on finding a suitable acquisition target, potentially leading to uncertainty for investors.
- The forward-looking statements section warns of significant risks and uncertainties, which could deter potential investors from participating in the IPO.
FAQ
When is GSR IV Acquisition Corp.'s IPO date?
The IPO date for GSR IV Acquisition Corp. is September 4, 2025.
How many units were offered in GSRF's IPO?
GSRF's IPO offered 20,000,000 units at a price of $10.00 per unit.
What will the ticker symbol be for GSR IV Acquisition Corp.?
The ticker symbol for GSR IV Acquisition Corp. will be "GSRFU" on the Nasdaq.
Who acted as joint bookrunners for the IPO?
Polaris Advisory Partners LLC and The Benchmark Company, LLC acted as joint bookrunners for the IPO.
What is the purpose of GSR IV Acquisition Corp.?
GSR IV Acquisition Corp. aims to effect a merger, acquisition, or similar business combination.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
New York, NY, Sept. 03, 2025 (GLOBE NEWSWIRE) -- GSR IV Acquisition Corp. (NASDAQ: GSRF) (“GSRF” or the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit, for aggregate gross proceeds of $200,000,000.
The units will be listed on the Nasdaq Global Market LLC (“Nasdaq”) and begin trading tomorrow, September 4, 2025, under the ticker symbol “GSRFU.” Each unit consists of one of the Company’s Class A ordinary shares (the “Class A Ordinary Shares”) and one-seventh (1/7 th ) of one right (the “Rights”), with each whole right entitling the holder thereof to receive one Class A Ordinary Share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units and only whole rights will trade. Once the securities comprising the units begin separate trading, the Class A Ordinary Shares and Rights are expected to be listed on the Nasdaq under the symbols “GSRF” and “GSRFR,” respectively. The offering is expected to close September 5, 2025, subject to customary closing conditions. GSRF has granted the underwriters a 45-day option to purchase up to an additional 3,000,000 units, at the initial public offering price to cover over-allotments, if any.
Polaris Advisory Partners LLC (formerly known as SPAC Advisory Partners, LLC), a division of Kingswood Capital Partners LLC (“Polaris”), and The Benchmark Company, LLC (“Benchmark”) are acting as joint bookrunners for the initial public offering. Polaris is a financial advisory firm wholly owned and controlled by the management of GSRF. Consequently, Benchmark acted as a Qualified Independent Underwriter on the transaction.
A registration statement related to these securities has been filed on Form S-1 with the Securities and Exchange Commission and became effective on September 2, 2025 (File No. 333- 289061). The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, by contacting Kingswood Capital Partners, LLC, 126 East 56th Street, Suite 22S, New York, NY 10022, or by calling 212-487-1080 or emailing [email protected] . This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About GSR IV Acquisition Corp.
GSRF is a newly incorporated, blank check company formed in the Cayman Islands for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to identify companies with compelling public-market narratives, high visibility of growth prospects, and attractive cash flow dynamics now or in the near future, where a public listing, financing from an initial business combination and access to public capital markets will enable the target to build on its competitive advantages and allow the target company to further accelerate its growth profile.
The Company’s management team is comprised of co-CEOs Mr. Gus Garcia and Mr. Lewis Silberman, President & CFO Mr. Anantha Ramamurti, and CBDO Mr. Yuya Orime.
Forward-Looking Statements
This press release includes forward-looking statements. Forward-looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s initial public offering, are subject to risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC, any of which could cause actual results to differ from such forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.
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Company contact:
Anantha Ramamurti
President & CFO
[email protected]