Hudson Bay Capital Management LP and Sander Gerber report beneficial ownership of Class A Ordinary Shares of GSR V Acquisition Corp. They report holding 1,444,791 Class A Ordinary Shares, representing 6.10% of the class, based on 23,671,000 shares outstanding as of June 26, 2026. The shares are held in the name of HB Strategies LLC, for which Hudson Bay Capital Management LP acts as investment manager. Both reporting persons have shared voting and dispositive power over these shares and no sole voting or dispositive power. Mr. Gerber, as managing member of the general partner of the Investment Manager, disclaims beneficial ownership of the securities.
Positive
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Key Figures
Shares beneficially owned:1,444,791 Class A Ordinary SharesPercent of class owned:6.10%Shares outstanding:23,671,000 Class A Ordinary Shares+3 more
6 metrics
Shares beneficially owned1,444,791 Class A Ordinary SharesBeneficial ownership reported by Hudson Bay Capital Management LP and Sander Gerber
Percent of class owned6.10%Portion of GSR V Acquisition Corp. Class A Ordinary Shares beneficially owned
Shares outstanding23,671,000 Class A Ordinary SharesOutstanding as of June 26, 2026, per the company’s Form 10-Q
Shared voting power1,444,791 sharesShares over which the reporting persons share voting power
Sole voting power0 sharesShares over which the reporting persons have sole voting power
Shared dispositive power1,444,791 sharesShares over which the reporting persons share dispositive power
"The percentage set forth in this is calculated based upon an aggregate of 23,671,000 Class A Ordinary Shares, par value $0.0001 (the "Class A Ordinary Shares") of GSR V Acquisition Corp."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerfinancial
"6 | Shared Voting Power 1,444,791.00 7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 1,444,791.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"6 | Shared Voting Power 1,444,791.00 7 | Sole Dispositive Power 0.00 8 | Shared Dispositive Power 1,444,791.00"
Investment Managerfinancial
"The Investment Manager serves as the investment manager to HB Strategies LLC, in whose name the securities reported herein are held."
Schedule 13Gregulatory
"JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on is filed on behalf of each"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of GSRV does Hudson Bay Capital Management report owning?
Hudson Bay Capital Management reports beneficial ownership of 6.10% of GSR V Acquisition Corp. Class A Ordinary Shares. This percentage is based on 23,671,000 shares outstanding as of June 26, 2026, as disclosed in the company’s Form 10-Q.
How many GSRV Class A shares are beneficially owned by Hudson Bay Capital Management?
Hudson Bay Capital Management reports beneficial ownership of 1,444,791 GSR V Acquisition Corp. Class A Ordinary Shares. These shares are held in the name of HB Strategies LLC, for which Hudson Bay serves as investment manager with shared voting and dispositive power.
Who are the reporting persons on this GSRV Schedule 13G filing?
The reporting persons are Hudson Bay Capital Management LP and Sander Gerber. Hudson Bay acts as investment manager to HB Strategies LLC, while Mr. Gerber is managing member of the general partner and disclaims beneficial ownership of the reported securities.
What voting and dispositive powers are reported over GSRV shares?
The reporting persons state they have 0 sole voting and dispositive power and 1,444,791 shares of shared voting and dispositive power. This means decisions on voting and disposition are exercised jointly rather than individually over the reported position.
On what share count is Hudson Bay’s 6.10% GSRV stake calculated?
The 6.10% ownership figure is calculated using an aggregate of 23,671,000 GSR V Acquisition Corp. Class A Ordinary Shares outstanding. This outstanding share count is referenced from the company’s Form 10-Q for the quarter ended March 31, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GSR V Acquisition Corp.
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001
(Title of Class of Securities)
G4R102109
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G4R102109
1
Names of Reporting Persons
Hudson Bay Capital Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,444,791.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,444,791.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,444,791.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.10 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
G4R102109
1
Names of Reporting Persons
Sander Gerber
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,444,791.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,444,791.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,444,791.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.10 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
GSR V Acquisition Corp.
(b)
Address of issuer's principal executive offices:
5900 Balcones Drive, Suite 100, Austin, TX 78731
Item 2.
(a)
Name of person filing:
This statement is filed by Hudson Bay Capital Management LP (the "Investment Manager") and Mr. Sander Gerber ("Mr. Gerber"), who are collectively referred to herein as "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 290 Harbor Dr., Stamford, CT 06902.
(c)
Citizenship:
The Investment Manager is a Delaware limited partnership. Mr. Gerber is a United States citizen.
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001
(e)
CUSIP Number(s):
G4R102109
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Row 9 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
The percentage set forth in this Schedule 13G is calculated based upon an aggregate of 23,671,000 Class A Ordinary Shares, par value $0.0001 (the "Class A Ordinary Shares") of GSR V Acquisition Corp. (the "Company") outstanding as of June 26, 2026, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026 filed with the Securities and Exchange Commission on June 29, 2026.
The Investment Manager serves as the investment manager to HB Strategies LLC, in whose name the securities reported herein are held. As such, the Investment Manager may be deemed to be the beneficial owner of all Class A Ordinary Shares. Mr. Gerber serves as the managing member of Hudson Bay Capital GP LLC, which is the general partner of the Investment Manager. Mr. Gerber disclaims beneficial ownership of these securities.
(b)
Percent of class:
6.10%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c)(i) is set forth in Row 5 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c)(ii) is set forth in Row 6 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c)(iii) is set forth in Row 7 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c)(iv) is set forth in Row 8 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
See Item 4(a).
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Hudson Bay Capital Management LP
Signature:
/s/ Sander Gerber
Name/Title:
Sander Gerber, Authorized Signatory
Date:
08/10/2026
Sander Gerber
Signature:
/s/ Sander Gerber
Name/Title:
Sander Gerber, Individually
Date:
08/10/2026
Exhibit Information
Exhibit 99.1: Joint Filing Agreement
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
DATED: August 10, 2026
HUDSON BAY CAPITAL MANAGEMENT LP
By: /s/ Sander Gerber
Name: Sander Gerber
Title: Authorized Signatory
/s/ Sander Gerber
SANDER GERBER
