GSR IV Acquisition Corp. Right

GSR IV Acquisition Corp. Right is a derivative security associated with a special purpose acquisition company (SPAC), GSR IV Acquisition Corp. The Right entitles its holder to receive one Class A Ordinary Share of the company upon the successful completion of an initial business combination, such as a merger or asset acquisition. Each Right was initially distributed as part of a unit during the company's IPO, with every unit consisting of one Class A Ordinary Share and one-seventh of a Right. Only whole Rights are issued and traded, and no fractional Rights are recognized; thus, shareholders must hold at least seven Rights to convert them into one share upon a qualifying transaction. The primary function of the Right is to provide additional incentive and potential upside to investors participating in the SPAC’s capital-raising process. As a financial instrument, the GSR IV Acquisition Corp. Right fosters liquidity and flexibility for market participants, allowing them to trade the Right separately from the underlying ordinary shares and units once separated, thereby enhancing the attractiveness and tradability of the SPAC in the public markets.