Latham Advises GSR IV Acquisition Corp. in US$230 Million Initial Public Offering, Including Full-Exercise of Over-Allotment Option

GSR IV Acquisition Corp. (NASDAQ: GSRF) (GSRF or the Company) has announced that it closed its initial public offering of 23 million units at a price of US$10 per unit, for aggregate gross proceeds of US$230 million. The offering size reflects the full exercise of the underwriter’s over-allotment option. Each unit consists of one of the Company’s Class A ordinary shares (the Class A Ordinary Shares) and one-seventh (1/7th) of one right, with each whole right entitling the holder thereof to receive one Class A Ordinary Share upon the consummation of an initial business combination. No fractional rights will be issued upon separation of the units and only whole rights will trade.

Latham & Watkins LLP advised GSR IV Acquisition Corp. in the offering with a corporate team led by Los Angeles partner Steven Stokdyk, with associate Grace Garcea. Advice was also provided on tax matters by New York partner Eric Kamerman.