GSR IV Acquisition Corp-A 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedSeptember 30,2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ GSR IV Acquisition Corp.(Exact name of registrant as specified in its charter) Cayman Islands001-42821N/A(State or other jurisdictionof incorporation)(Commission File Number)(I.R.S. EmployerIdentification No.) 5900 Balcones Drive,Suite 100Austin,TX7873178731(Address of Principal Executive Offices)(Zip Code) (914-369-4400)(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ There were23,655,500Class A ordinary shares, par value $0.0001 per share, and5,750,000Class B ordinary shares, par value$0.0001 per share, issued and outstanding as of November 14, 2025. GSR IV ACQUISITION CORP.Quarterly Report on Form 10-QFor the Quarter Ended September 30, 2025 Table of Contents Page Item 1.Balance Sheets as of September 30, 2025 and December 31, 2024 (Unaudited)1Statements of Operations for the three and nine months ended September 30, 2025 and 2024 (Unaudited)2Statements of Changes in Stockholders’ (Deficit) Equity for the three and nine months ended September 30, 2025and 2024 (Unaudited)3Statements of Cash Flows for the nine months ended September 30, 2025 and 2024 (Unaudited)5Notes to Financial Statements (Unaudited)6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3.Quantitative and Qualitative Disclosures About Market Risk22Item 4.Controls and Procedures22PART IIOther Information23Item 1.Legal Proceedings23Item 1A.Risk Factors23Item 2.Unregistered Sales of Equity Securities and Use of Proceeds23Item 3.Defaults Upon Senior Securities23Item 4.Mine Safety Disclosures23Item 5.Other Information23Item 6.Exhibits24 GSRIV ACQUISITION CORP.BALANCE SHEETS(Unaudited) GSR IV ACQUISITION CORP.STATEMENTS OF OPERATIONS(Unaudited) GSR IV ACQUISITION CORP.STATEMENTS OF CHANGES IN SHAREHOLDERS’ (DEFICIT) EQUITYFOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2025(Unaudited) GSR IV ACQUISITION CORP.STATEMENTS OF CHANGES IN SHAREHOLDERS’ (DEFICIT) EQUITY – (Continued)FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024(Unaudited) GSR IV ACQUISITION CORP.STATEMENTS OF CASH FLOW(Unaudited) GSRIV ACQUISITION CORP.NOTES TO FINANCIAL STATEMENTS(Unaudited) NOTE 1: DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS GSRIV Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted companyon May10, 2023. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, sharepurchase, reorganization or similar business combination withoneor more businesses or entities that the Company has not yetidentified (“Business Combination”). As of September 30, 2025, the Company had not yet commenced operations. All activity for the period from May10, 2023(inception) through September30, 2025 relates to the Company’s formation and the initial public offering (the “Initial PublicOffering”), and since the Initial Public Offering, its search for a Business Combination. The Company will not generate any operatingrevenues until after the completion of its initial Business Combination, at the earliest. The Company generates non-operatingincomein the form of interest and dividend income from the proceeds derived from the Initial Public Offering held in the Trust Ac