GSR IV Acquisition Corp (GSRF) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company raises capital through an initial public offering, deposits proceeds into a trust account managed by Odyssey Transfer and Trust Company, and generates interest and dividend income on those trust assets while searching for an acquisition target. The IPO closed September 3, 2025, with underwriters Polaris Advisory Partners LLC and The Benchmark Company, LLC. GSR IV Sponsor LLC holds 5,690,000 Class B ordinary shares, representing approximately 20% of issued and outstanding ordinary shares as of the filing date. The company has 18 months, extendable to 21 months at the discretion of GSR Sponsor, from the IPO closing to complete an initial business combination, or it must redeem public shares and liquidate the trust. Co-CEOs Lewis Silberman and Gus Garcia, along with President and CFO Anantha Ramamurti, previously led GSR II Meteora Acquisition Corp and GSR III Acquisition Corp through similar SPAC structures.

Revenue model

Interest and dividends earned on cash and investments held in a trust account, pending completion of an initial business combination. Operating funds outside the trust are used for deal sourcing, due diligence, and transaction costs. No operating revenue is generated from products or services.

Products and services

Blank check special purpose acquisition company (SPAC). Primary instrument is Class A ordinary shares sold in the IPO. Rights issued to shareholders under a Rights Agreement dated September 3, 2025. Class B founder shares held by the sponsor convert to Class A ordinary shares upon a qualifying business combination.

Customers and end markets

Public shareholders who participate in the IPO and trust redemption process. Acquisition targets are prospective businesses sought across undisclosed sectors, with management backgrounds spanning technology, AutoTech, and biotech SPAC transactions.

Value-chain role

SPAC sponsor and acquisition vehicle. Identifies, evaluates, and negotiates business combinations with private companies seeking a public listing. Sponsor team has previously completed SPAC combinations including Bitcoin Depot Inc. (via GSR II Meteora Acquisition Corp) and NKGen Biotech, Inc. (via Graf Acquisition Corp. IV).

Source: SEC 10-K, filed 2026-03-27

Industry: Blank Checks