GSR IV Acquisition Corp. closes IPO of 23M units at $10/unit, net $230M placed in trust

GSR IV Acquisition Corp.

IPO of 23,000,000 units (including full over-allotment of 3M) at $10/unit; gross proceeds $230M.
Private placement of 655,500 units at $10.00/unit to Sponsor and Polaris Advisory; gross $6.555M.
Total of $230M deposited into trust account held by Odyssey Transfer and Trust Company.
Transaction costs total $13.5M, including $9.2M deferred underwriting commissions.
Auditor raises substantial doubt about going concern if business combination not completed within 18-21 months.

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