GSR IV Acquisition Corp. (GSRF) reported a board change involving one of its senior executives. On September 9, 2026, Anantha Ramamurti resigned from the company’s board of directors, effective that day, while continuing to serve as President and Chief Financial Officer. The company states that his resignation is solely to ensure that the board remains majority independent, in line with NASDAQ Listing Rule 5605(b).
GSR IV Acquisition Corp., a Cayman Islands SPAC, reported results for the quarter ended June 30, 2026. The company has not begun operating a business and is focused on completing a Business Combination. Total assets were $238,056,849, including $236,762,480 of cash and investments in a Trust Account and $643,331 of cash and cash equivalents outside the Trust. For the six months ended June 30, 2026, it generated net income of $3,453,624, driven by $4,124,507 of interest and dividends on Trust investments and other interest income, partially offset by $679,604 of general and administrative expenses. As of June 30, 2026, there were 23,000,000 Class A ordinary shares subject to possible redemption at $10.29 per share and 5,750,000 Class B founder shares outstanding. Management disclosed that mandatory liquidation if no Business Combination is completed within the 18–21 month completion window and limited liquidity raise substantial doubt about the company’s ability to continue as a going concern. Management also concluded disclosure controls and procedures were ineffective due to inadequate segregation of duties and insufficient written accounting, IT and financial reporting policies.
GSR IV Acquisition Corp. reported its quarterly results as a blank-check company still seeking a business combination. As of March 31, 2026, it held $236.3 million in total assets, including $234.8 million in its trust account and $1.5 million in current assets outside the trust.
For the quarter, the company recorded net income of $1.69 million, driven by $2.05 million of interest and dividend income on trust investments, partially offset by $354,853 of general and administrative expenses. Class A shares subject to possible redemption totaled $234.8 million, reflecting 23,000,000 redeemable shares.
Management disclosed that the mandatory liquidation deadline if no business combination is completed, together with limited operating liquidity, raises substantial doubt about the company’s ability to continue as a going concern. Management also concluded that disclosure controls and procedures were not effective due to inadequate segregation of duties and insufficient written accounting and IT policies.
GSR IV Acquisition Corp. reported 2025 results with net income of $2,320,989, driven by non-operating income on funds held in its trust account. The SPAC raised $230,000,000 in its initial public offering of 23,000,000 units at $10.00 each, plus $6,555,000 from 655,500 private placement units. As of December 31, 2025, it held $1,550,075 in cash outside the trust and had working capital of $1,677,987, while still searching for an initial business combination. The company has 23,655,500 Class A and 5,750,000 Class B ordinary shares outstanding as of March 26, 2026. Management discloses substantial doubt about its ability to continue as a going concern if a business combination or extension is not completed within the 18‑ to 21‑month completion window, after which public shares would be redeemed and the SPAC liquidated.
AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC filed Amendment No. 1 to a Schedule 13G for GSR IV Acquisition Corp.
The filing reports beneficial ownership of 934,050 Class A ordinary shares, representing 3.95% of the class as of 12/31/2025. The AQR entities have shared voting and shared dispositive power over all reported shares, with no sole voting or dispositive power. They certify that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
GSR IV Acquisition Corp. completed its IPO and reported initial quarterly results as a newly public SPAC. The company sold 23,000,000 units at $10.00 each (including the full over-allotment), for $230,000,000 in gross proceeds, and placed the funds in a Trust Account. As of September 30, 2025, cash and investments in the Trust totaled $230,662,819, reflecting interest earned.
For Q3 2025, GSR IV recorded net income of $488,891, driven by $662,826 of interest and dividends, offset by general and administrative expenses of $173,935. Cash held outside the Trust was $1,835,999, and deferred underwriting commissions were $9,200,000. The balance sheet shows 23,000,000 Class A shares subject to possible redemption at $10.03 per share, and outstanding rights of 3,285,714 public and 93,642 private placement rights, each exchangeable for one Class A share upon a business combination.
Management disclosed substantial doubt about the company’s ability to continue as a going concern absent a timely business combination, and reported disclosure controls and procedures were not effective due to inadequate segregation of duties and insufficient written policies.
GSR IV Acquisition Corp. announced that holders of its Nasdaq-listed units can begin separately trading the components on October 20, 2025. Each unit consists of one Class A ordinary share and one-seventh of one right. The units will continue trading as GSRFU, while separated Class A shares will trade as GSRF and rights as GSRFR. Each whole right entitles the holder to receive one Class A ordinary share upon the completion of the initial business combination. No fractional rights will be issued, and brokers must contact Odyssey Transfer and Trust Company to separate units.