Corporate ActionMay 13, 2026, 06:17 PM
GSRV Prices $200M Initial Public Offering
AI Summary
GSR V Acquisition Corp. (GSRV) announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit, raising $200,000,000 in gross proceeds. The units are set to begin trading on the Nasdaq Global Market LLC under the ticker symbol "GSRVU" on May 14, 2026. Each unit includes one Class A ordinary share and one-seventh of one right, with the offering expected to close on May 15, 2026.
Key Highlights
- GSR V Acquisition Corp. priced its initial public offering of 20,000,000 units at $10.00 per unit.
- The offering generated aggregate gross proceeds of $200,000,000.
- Units will begin trading on Nasdaq under "GSRVU" on May 14, 2026.
- Each unit consists of one Class A ordinary share and one-seventh of one right.
- The offering is expected to close on May 15, 2026, subject to customary conditions.
- Underwriters have a 45-day option to purchase up to an additional 3,000,000 units.
- Polaris Advisory Partners LLC and The Benchmark Company, LLC are joint bookrunners.
Price Impact
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