GSR V Acquisition Corp. filed its first 10-Q for the quarter ended June 30, 2026.
The registration statement became effective May 13, 2026. On May 15 the company closed the IPO of 23,000,000 units at $10.00 per unit for $230,000,000 gross proceeds; the over-allotment option was exercised in full for an additional 3,000,000 units.
Simultaneous private placement of 671,000 units at $10.00 generated $6,710,000, of which $5,400,000 went into the trust account.
At June 30 the trust account held $231,039,036 (including $1,039,036 interest). Cash outside trust totaled $1,558,257.
23,000,000 Class A shares remain subject to possible redemption at approximately $10.05 per share. 6,750,000 Class B founder shares and 671,000 non-redeemable Class A shares are outstanding.
No target or business combination agreement is disclosed. The company remains a blank-check entity with a December 31 fiscal year end.
Pulse Impact
- Previous Pulse: 51
- New Pulse: 50
- Change: –1
- Driver: 10-Q read as a slower or weaker beat, so Pulse fell.
GSR V Acquisition Corp. Form 10-Q (2026-08-14)
Not investment advice. Facts taken from the company’s Form 10-Q.