GSR IV Acquisition Corp. closes $230M IPO including full overallotment; trust funded

GSR IV Acquisition Corp.

Closed IPO of 23M units at $10.00/unit, gross proceeds $230M, including full exercise of 3M over-allotment.
Private placement: 655,500 units at $10.00 to Sponsor and underwriter Polaris, raising $6.555M.
Net proceeds of $230M deposited into segregated trust account for initial business combination.
Class A shares and rights trade on Nasdaq under GSRF/GSRFR; units under GSRFU.
Appointed Jonathan Cole, Jody Sitkoski, Susie Kuan as independent directors; formed audit & compensation committees.

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