GSR IV Acquisition Corp. Announces the Closing of its $230 Million Initial Public Offering, Including Full-Exercise Of Over-Allotment Option
GSR IV Acquisition Corp. (NASDAQ: GSRF) has successfully completed its initial public offering (IPO), raising $230 million through the sale of 23 million units at $10.00 per unit, including the full exercise of the underwriter's over-allotment option.
Each unit comprises one Class A ordinary share and one-seventh of one right, with whole rights being convertible into Class A Ordinary Shares upon business combination completion. The units trade on Nasdaq under "GSRFU", while the Class A Ordinary Shares and Rights will trade separately under "GSRF" and "GSRFR" respectively.
The IPO was jointly managed by Polaris Advisory Partners LLC (a division of Kingswood Capital Partners) and The Benchmark Company, LLC, with Benchmark serving as the Qualified Independent Underwriter due to Polaris being controlled by GSRF management.
GSR IV Acquisition Corp. (NASDAQ: GSRF) ha completato con successo la sua offerta pubblica iniziale (IPO), raccogliendo 230 milioni di dollari tramite la vendita di 23 milioni di unità a 10,00 $ ciascuna, incluso l'esercizio integrale dell'opzione di sovrallocazione degli underwriter.
Ciascuna unità comprende una azione ordinaria di Classe A e un settimo di diritto; i diritti interi saranno convertibili in azioni ordinarie di Classe A al perfezionamento della business combination. Le unità sono negoziate sul Nasdaq con il simbolo "GSRFU", mentre le azioni ordinarie di Classe A e i diritti verranno negoziati separatamente con i simboli "GSRF" e "GSRFR", rispettivamente.
L'IPO è stata gestita congiuntamente da Polaris Advisory Partners LLC (una divisione di Kingswood Capital Partners) e The Benchmark Company, LLC; Benchmark ha agito come Qualified Independent Underwriter poiché Polaris è controllata dal management di GSRF.
GSR IV Acquisition Corp. (NASDAQ: GSRF) ha completado con éxito su oferta pública inicial (OPI), recaudando 230 millones de dólares mediante la venta de 23 millones de unidades a 10,00 $ por unidad, incluyendo el ejercicio total de la opción de sobreasignación del asegurador.
Cada unidad consta de una acción ordinaria Clase A y un séptimo de derecho; los derechos íntegros serán convertibles en acciones ordinarias Clase A al cierre de la combinación de negocios. Las unidades se negocian en Nasdaq con el símbolo "GSRFU", mientras que las acciones Clase A y los derechos se negociarán por separado con los símbolos "GSRF" y "GSRFR", respectivamente.
La OPI fue gestionada conjuntamente por Polaris Advisory Partners LLC (una división de Kingswood Capital Partners) y The Benchmark Company, LLC; Benchmark actuó como Qualified Independent Underwriter debido a que Polaris está controlada por la dirección de GSRF.
GSR IV Acquisition Corp. (NASDAQ: GSRF)는 초기 공개 모집(IPO)을 성공적으로 마쳐 2억3,000만 달러를 확보했습니다. 이는 1주당 10.00달러에 2,300만 단위를 판매한 결과이며, 인수단의 초과배정옵션을 전부 행사한 금액입니다.
각 단위는 클래스 A 보통주 1주와 권리 1/7로 구성되며, 전체 권리는 사업 결합 완료 시 클래스 A 보통주로 전환됩니다. 단위는 나스닥에서 "GSRFU"로 거래되며, 클래스 A 보통주와 권리는 각각 "GSRF" 및 "GSRFR"로 별도 거래될 예정입니다.
이번 IPO는 Polaris Advisory Partners LLC( Kingswood Capital Partners의 사업부)와 The Benchmark Company, LLC가 공동 주관했으며, Polaris가 GSRF 경영진의 통제 하에 있어 Benchmark가 Qualified Independent Underwriter로서 역할을 맡았습니다.
GSR IV Acquisition Corp. (NASDAQ: GSRF) a mené à bien son introduction en bourse (IPO), levant 230 millions de dollars grâce à la vente de 23 millions d'unités à 10,00 $ l'unité, incluant l'exercice complet de l'option de surallocation du souscripteur.
Chaque unité comprend une action ordinaire de Classe A et un septième d'un droit ; les droits entiers seront convertibles en actions ordinaires de Classe A lors de la réalisation de la fusion d'entreprise. Les unités sont négociées au Nasdaq sous "GSRFU", tandis que les actions de Classe A et les droits seront négociés séparément sous "GSRF" et "GSRFR", respectivement.
L'IPO a été gérée conjointement par Polaris Advisory Partners LLC (une division de Kingswood Capital Partners) et The Benchmark Company, LLC ; Benchmark a agi en tant que Qualified Independent Underwriter puisque Polaris est contrôlée par la direction de GSRF.
GSR IV Acquisition Corp. (NASDAQ: GSRF) hat sein Börsendebüt erfolgreich abgeschlossen und 230 Millionen US-Dollar durch den Verkauf von 23 Millionen Einheiten zu je 10,00 $ eingenommen, inklusive vollständiger Ausübung der Mehrzuteilungsoption der Underwriter.
Jede Einheit besteht aus einer Class-A-Stammaktie und einem Siebtel eines Rechts; ganze Rechte sind bei Abschluss der Unternehmenszusammenführung in Class-A-Aktien umtauschbar. Die Einheiten werden an der Nasdaq unter "GSRFU" gehandelt, während die Class-A-Aktien und die Rechte getrennt unter "GSRF" bzw. "GSRFR" gehandelt werden.
Die IPO wurde gemeinsam von Polaris Advisory Partners LLC (einer Sparte von Kingswood Capital Partners) und The Benchmark Company, LLC betreut; Benchmark fungierte als Qualified Independent Underwriter, da Polaris von der GSRF-Geschäftsführung kontrolliert wird.
- Successfully raised $230 million through IPO with full exercise of over-allotment option
- Units listed on Nasdaq Global Market, providing strong trading platform
- Structured with rights offering additional value potential upon business combination
- Potential conflict of interest with Polaris being controlled by GSRF management
- No specific business combination target identified yet
- Investment depends on management's ability to identify and execute suitable business combination
Insights
GSR IV Acquisition Corp successfully raised $230M in its IPO with full over-allotment exercise, signaling strong initial investor demand.
GSR IV Acquisition Corp (NASDAQ: GSRF) has completed its initial public offering, raising
Each unit comprises one Class A ordinary share and one-seventh of a right, with each whole right entitling the holder to receive one additional Class A share upon completing a business combination. The units began trading on Nasdaq under ticker "GSRFU" on September 4, with the Class A shares and rights eventually trading separately under "GSRF" and "GSRFR" respectively.
It's worth noting that Polaris Advisory Partners (formerly SPAC Advisory Partners), one of the joint bookrunners, is wholly owned and controlled by GSRF's management, creating a potential conflict of interest. To address this, Benchmark Company served as the Qualified Independent Underwriter to ensure compliance with regulatory requirements.
As a special purpose acquisition company (SPAC), GSRF has raised this capital with the intention of identifying and merging with a private business to take it public. The successful capital raise gives the SPAC substantial funds for a future acquisition, though investors should recognize that the company has yet to identify a target business. The
New York, NY, Sept. 05, 2025 (GLOBE NEWSWIRE) -- GSR IV Acquisition Corp. (NASDAQ: GSRF) (“GSRF” or the “Company”) announced today that it closed its initial public offering of 23,000,000 units at a price of
The units are listed on the Nasdaq Global Market LLC (“Nasdaq”) and began trading under the ticker symbol “GSRFU” on September 4, 2025. 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.
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”) acted 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 Syndicate@kingswoodUS.com. 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
anantha@gsrspac.com
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